Farms.com Home   News

USDA Export Sales Report

Wheat:  Net sales of 66,200 metric tons--a marketing-year low--for delivery in marketing year 2015/2016 were down 78 percent from the previous week and 74 percent from the prior 4-week average.  Increases were reported for Yemen (32,000 MT), unknown destinations (16,000 MT), Mexico (14,200 MT), Trinidad (7,500 MT), El Salvador (6,000 MT), Liberia (6,000 MT, switched from Nigeria), and South Korea (4,200 MT).  Reductions were reported for the Dominican Republic (12,400 MT), Nigeria (6,000 MT), Honduras (5,200 MT), and the Philippines (1,400 MT).   Net sales of 87,800 MT for 2016/2017 were reported primarily for the Philippines (50,000 MT), the Dominican Republic (14,100 MT), and Mexico (7,000 MT).  Exports of 230,300 MT were down 26 percent from the previous week and 34 percent from the prior 4-week average.  The primary destinations were South Korea (53,400 MT), the Philippines (36,600 MT), Japan (33,000 MT), the Dominican Republic (27,600 MT), Mexico (24,500 MT), and Honduras (19,600 MT).
 
Exports for Own Account:  Exports for own account totaling 1,200 MT to Italy were applied to new or outstanding sales.  The current outstanding balance is 54,800 MT, all Italy.
 
Corn:  Net sales of 1,129,100 MT for 2015/2016 were up 38 percent from the previous week and 56 percent from the prior 4-week average.  Increases were reported for Mexico (301,400 MT), Colombia (248,300 MT, including 77,500 MT switched from unknown destinations and decreases of 200 MT), Japan (209,300 MT, including 39,600 MT switched from unknown destinations and decreases of 200 MT), South Korea (66,100 MT, including 63,000 MT switched from unknown destinations and decreases of 200 MT), Egypt (64,700 MT, including 60,000 MT switched from unknown destinations), and Peru (63,500 MT).  Net sales of 14,400 MT for 2016/2017 for Japan (10,200 MT) and Mexico (5,000 MT), were partially offset by reductions for Nicaragua (800 MT).  Exports of 660,700 MT were up 2 percent from the previous week and 19 percent from the prior 4-week average.  The primary destinations were Mexico (195,600 MT), Colombia (155,700 MT), South Korea (67,300 MT), Japan (64,700 MT), Egypt (64,700 MT), Peru (38,500 MT), and Guatemala (26,700 MT).
 
Optional Origin Sales:  For 2015/2016, the current outstanding balance totals 398,000 MT, all unknown destinations.
 
Barley:  There were no sales or exports reported during the week.   
 
Sorghum: Net sales of 187,000 MT for 2015/2016 were reported for China (112,300 MT), unknown destinations (61,300 MT), and Mexico (13,500 MT).  Exports of 165,600 MT were up 65 percent from the previous week and 13 percent from prior 4-week average.  The destinations were China (162,200 MT) and Mexico (3,300 MT). 
 
Rice:  Net sales of 39,000 MT for 2015/2016 were up 72 percent from the previous week, but down 1 percent from the prior 4-week average.  Increases were reported for Japan (26,500 MT), El Salvador (6,500 MT), Canada (1,900 MT), Jordan (1,300 MT), and Yemen (800 MT).  Reductions were reported for Israel (500 MT).  Exports of 39,700 MT, down 7 percent from the previous week and 17 percent from the prior 4-week average, were reported to Japan (12,100 MT), Haiti (6,800 MT), South Korea (4,900 MT), Canada (4,800 MT), and Mexico (4,000 MT).  
 
Exports for Own Account:  The current outstanding balance is 200 MT, all Canada. 
 
Soybeans:  Net sales reductions of 43,600 MT for 2015/2016--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average.  Increases were reported for Spain (102,400 MT, including 101,000 MT switched from unknown destinations), the Netherlands (73,300 MT, including 70,000 MT switched from unknown destinations), Japan (57,900 MT, including 9,200 MT switched from unknown destinations and decreases of 200 MT), Mexico (46,200 MT), and Taiwan (34,000 MT, including 2,000 MT switched from Indonesia).  Reductions were reported for unknown destinations (374,900 MT), China (55,200 MT), and Tunisia (2,700 MT).  Net sales of 65,700 MT for 2016/2017 were reported for unknown destinations (65,000 MT) and Japan (700 MT).  Exports of 1,141,500 MT were down 14 percent from the previous week and 23 percent from the prior 4-week average.  The primary destinations were China (811,100 MT), Spain (102,400 MT), the Netherlands (73,300 MT), Japan (39,900 MT), and Mexico (28,700 MT). 
 
Optional Origin Sales:  For 2015/2016, the current outstanding balance totaling 235,000 MT is for China (175,000 MT) and unknown destinations (60,000 MT). 
 
Exports for Own Account:  The current outstanding balance is 500 MT, all Canada. 
 
Soybean Cake and Meal:  Net sales of 186,300 MT for 2015/2016 were down 7 percent from the previous week, but up 26 percent from the prior 4-week average.  Increases were reported for Mexico (92,000 MT), the Philippines (43,200 MT, including 30,000 MT switched from unknown destinations), Jamaica (20,200 MT), Guatemala (10,200 MT, including 9,300 MT switched from unknown destinations), Canada (7,500 MT), and Honduras (7,000 MT, including 5,900 MT switched from unknown destinations).  Reductions were reported for unknown destinations (11,500 MT), the Dominican Republic (9,900 MT), and Ecuador (2,500 MT).  Net sales of 1,200 MT for 2016/2017 were reported for Mexico.    Exports of 220,900 MT were up 74 percent from the previous week and 8 percent from the prior 4-week average.  The primary destinations were the Philippines (84,400 MT), Mexico (39,900 MT), the Dominican Republic (28,500 MT), Colombia (15,500 MT), and Guatemala (10,200 MT).
 
Optional Origin Sales:  For 2015/2016, outstanding optional origin sales total 99,000 MT, all unknown destinations.
 
Soybean Oil:  Net sales of 12,800 MT for 2015/2016 were up 40 percent from the previous week, but down 30 percent from the prior 4-week average.  Increases were reported for South Korea (10,000 MT, including 800 MT switched from unknown destinations), the Dominican Republic (5,200 MT), Mexico (4,400 MT), Guatemala (3,500 MT), and Colombia (2,700 MT).  Reductions were reported for Peru (12,600 MT) and unknown destinations (800 MT).  Exports of 22,200 MT were up noticeably from the previous week, but down 33 percent from the prior 4-week average.  The destinations were primarily Peru (11,800 MT), Mexico (7,100 MT), Colombia (2,700 MT), and Canada (500 MT).
 
Cotton:   Net upland sales totaling 251,600 RB for 2015/2016 were up 96 percent from the previous week and 75 percent from the prior 4-week average.  Increases were reported for Turkey (91,700 RB), Vietnam (74,800 RB, including 3,100 RB switched from Hong Kong and 800 RB switched from Japan), Pakistan (18,300 RB), Indonesia (13,900 RB, including 600 RB switched from Japan), China (13,700 RB), and Bangladesh (11,600 RB).  Reductions were reported for El Salvador (2,100 RB), Japan (600 RB), and Nicaragua (200 RB).  Net sales of 6,800 RB for 2016/2017 were reported for Turkey (4,400 RB) and Mexico (2,400 RB).  Exports of 233,500 RB--a marketing-year high--were up 49 percent from the previous week and 75 percent from the prior 4-week average.  The primary destinations were Vietnam (60,600 RB), Turkey (51,700 RB), Mexico (25,900 RB), Indonesia (17,500 RB), and Thailand (15,200 RB).  Net sales of Pima totaling 10,800 RB for 2015/2016 were down 65 percent from the previous week and 44 percent from the prior 4-week average.  Increases were reported for China (3,900 RB), Turkey (1,800 RB), India (1,200 RB), and Pakistan (1,000 RB).  Exports of 11,200 RB were up 99 percent from the previous week and 49 percent from the prior 4-week average.  The primary destinations were China (3,900 RB), India (3,700 RB), Germany (1,000 RB), South Korea (600 RB), and Indonesia (400 RB).
 
Exports for Own Account:  The current outstanding balance of 41,100 RB is for China (35,500 RB) and Vietnam (5,600 RB).
 
Hides and Skins:  Net sales of 371,400 pieces were reported for 2016.  Whole cattle hide sales of 370,300 pieces were primarily for China (264,400 pieces), Mexico (26,900 pieces), Thailand (26,000 pieces), Taiwan (19,100 pieces), and South Korea (17,200 pieces).  Reductions were reported for Germany (100 pieces).  Exports of 444,500 pieces were reported.  Whole cattle hide exports of 440,700 pieces were primarily to China (300,200 pieces), South Korea (66,700 pieces), Mexico (25,400 pieces), Taiwan (19,600 pieces), and Thailand (16,400 pieces). 
 
Net sales of 195,500 wet blues for 2016--a marketing-year high--were reported for South Korea (65,900 unsplit and 40,500 grain splits), Mexico (44,000 grain splits and 700 unsplit), Italy (24,100 unsplit), and China (7,900 unsplit and 7,000 grain splits).  Reductions were reported for Vietnam (300 grain splits), Japan (200 grain splits), and Hong Kong (100 grain splits).  Exports of 133,500 wet blues were primarily to China (23,700 grain splits and 21,500 unsplit), Mexico (23,500 grain splits and 4,300 unsplit), Italy (20,100 unsplit and 1,800 grain splits), and Vietnam (13,500 unsplit and 2,300 grain splits).  Net sales of splits totaling 2,490,800 pounds for 2016--a marketing-year high--were reported for China (1,702,600 pounds), South Korea (862,600 pounds), and Hong Kong (50,000 pounds).  Reductions were reported for Vietnam (124,400 pounds).  Exports of 2,508,400 pounds--a marketing-year high--were reported to China (1,933,000 pounds), Vietnam (523,400 pounds), Hong Kong (50,000 pounds), and South Korea (2,000 pounds). 
 
Beef:  Net sales of 9,500 MT for 2016 were reported for South Korea (2,500 MT), Japan (2,000 MT), Hong Kong (1,500 MT), Mexico (1,100 MT) and Taiwan (1,000 MT).  Exports of 12,400 MT--a marketing-year high--were up 6 percent from the previous week and 24 percent from the prior 4-week average. The primary destinations were Japan (3,500 MT), South Korea (2,700 MT), Hong Kong (1,600 MT), Mexico (1,400 MT), and Canada (1,300 MT).   
 
Pork:  Net sales of 18,600 MT for 2016 were reported for Mexico (6,400 MT), China (4,900 MT), South Korea (2,500 MT), Japan (2,300 MT), and Canada (600 MT).  Exports of 18,400 MT--a marketing-year high--were up 2 percent from the previous and 15 percent from the prior 4-week average.  The primary destinations were Mexico (4,800 MT), Japan (3,400 MT), China (3,000 MT), South Korea (2,100 MT), and Canada (1,400 MT).  
 
Source : USDA

Trending Video

In the Markets - Darin Newsome

Video: In the Markets - Darin Newsome

Joining us this week to offer his thoughts and perspectives on the current markets is Darin Newsome. He is a Barchat Senior Analyst.