Wheat: Net sales of 421,600 metric tons for delivery in marketing year 2015/2016 were down 50 percent from the previous week and 28 percent from the prior 4-week average. Increases were reported for the Philippines (110,000 MT), Mexico (78,400 MT), China (43,200 MT, including 43,000 MT switched from unknown destinations), Italy (42,900 MT), South Korea (32,000 MT), and Canada (28,300 MT, including 25,000 MT switched from unknown destinations). Decreases were reported for unknown destinations (16,100 MT), Indonesia (15,000 MT), and Cyprus (1,200 MT). Net sales of 600 MT for 2016/2017 were reported for Italy. Exports of 399,500 MT were up 27 percent from the previous week and 3 percent from the prior-4 week average. The primary destinations were Mexico (120,900 MT), Nigeria (100,900 MT), Japan (28,700 MT), Canada (28,400 MT), Italy (22,900 MT), Panama (20,800 MT), and Costa Rica (15,300 MT).
Exports for Own Account: Decreases totaling 2,300 MT were reported in exports for own account to Italy. The current exports for own account balance is 30,900 MT, all Italy
Corn: Net sales of 29,200 MT for delivery in 2014/2015 were down noticeably from previous week and 87 percent from the prior 4-week average. Increases reported for South Korea (108,400 MT, including 105,900 MT switched from unknown destinations and decreases of 6,300 MT), Egypt (67,200 MT, including 53,000 MT switched from unknown destinations), Venezuela (53,000 MT), Colombia (45,200 MT, including 31,600 MT switched from unknown destinations), and Honduras (33,600 MT, including 14,100 MT switched from unknown destinations), were partially offset by decreases for unknown destinations (282,200 MT) and Taiwan (115,800 MT). Net sales of 501,900 MT for 2015/2016 were reported primarily for unknown destinations (206,300 MT), Mexico (157,500 MT), Japan (40,600 MT), and Costa Rica (39,800 MT). Exports of 840,600 MT were down 16 percent from the previous week and 23 percent from the prior 4-week average. The primary destinations were Mexico (218,800 MT), Japan (130,900 MT), Egypt (111,200 MT), South Korea (108,300 MT), Peru (58,000 MT), and Colombia (43,600 MT).
Optional Origin Sales: For 2014/2015, outstanding optional origin sales total 52,500 MT, all Egypt.
Barley: There were no sales reported during the week. Exports of 300 MT were reported to Taiwan.
Sorghum: Net sales reductions of 61,900 MT for 2014/2015 were reported for China (50,100 MT, including 112,000 MT switched from unknown destinations and decreases of 66,000 MT). Decreases were reported for unknown destinations (112,000 MT). Net sales of 166,500 MT for 2015/2016 were reported for China (114,000 MT) and unknown destinations (52,500 MT). Exports of 180,900 MT were down 36 percent from the previous week, but up 13 percent from the prior 4-week average. The destination was China.
Rice: Net sales of 51,200 MT were reported for 2015/2016 marketing year, which began August 1. Increases reported for Venezuela (30,000 MT), Panama (5,000 MT), Saudi Arabia (3,100 MT), Guatemala (3,100 MT, including 1,900 MT switched from unknown destinations), and Mexico (2,700 MT), were partially offset by decreases for unknown destinations (1,900 MT). A total of 389,700 MT in sales were outstanding on July 31 and carried over to 2015/2016. Accumulated exports in 2014/2015 totaled 3,267,000 MT up 7 percent from the prior year’s total of 3,040,700 MT. Exports for 2014/2015 totaled 56,100 MT and were primarily to Mexico (26,700 MT), Panama (20,200 MT), Saudi Arabia (8,000 MT), and Canada (800 MT).
Exports for Own Account: For 2014/2015, exports for own account totaling 300 MT, all Canada, were carried over to 2015/2016. For 2015/2016, the current export for own account balance is 300 MT, all Canada.
Soybeans: Net sales of 96,300 MT for 2014/2015 were down noticeably from the previous week, but up noticeably from the prior 4-week average. Increases were reported for Indonesia (94,600 MT, including 93,100 MT switched from unknown destinations and decreases of 500 MT), Morocco (20,000 MT), Taiwan (10,600 MT), South Korea (9,900 MT, including 10,000 MT switched from unknown destinations and decreases of 100 MT), and Colombia (8,600 MT, including 6,300 MT switched from unknown destinations and decreases of 100 MT). Decreases were reported for unknown destinations (56,600 MT). Net sales of 660,500 MT for 2015/2016 were reported primarily for China (330,000 MT), unknown destinations (226,800 MT), Costa Rica (53,500 MT), and Mexico (35,300 MT). Exports of 178,100 MT were down 16 percent from the previous week and 14 percent from the prior 4-week average. The primary destinations were Indonesia (101,900 MT), Mexico (29,600 MT), Colombia (12,400 MT), South Korea (9,900 MT), and Costa Rica (8,900 MT).
Optional Origin Sales: For 2014/2015, outstanding optional origin sales total 475,000 MT, all China. For 2015/2016, outstanding optional origin sales total 385,000 MT, all China.
Exports for Own Account: The current exports for own account balance is 1,900 MT, all Canada.
Soybean Cake and Meal: Net sales of 57,100 MT for 2014/2015 were up 38 percent from the previous week and 8 percent from the prior 4-week average. Increases were reported for Thailand (45,000 MT, switched from unknown destinations), the Philippines (22,500 MT), Mexico (22,100 MT), Colombia (12,800 MT, including 10,000 MT switched from unknown destinations and decreases of 700 MT), Honduras (9,000 MT, including 7,900 MT switched from unknown destinations), and Guatemala (6,500 MT, including 5,600 MT switched from unknown destinations and decreases of 100 MT). Decreases were reported for unknown destinations (72,900 MT) and Ecuador (1,200 MT). Net sales of 277,000 MT for 2015/2016 were reported primarily for unknown destinations (191,000 MT) and the Philippines (80,000 MT). Decreases were reported for Canada (100 MT). Exports of 211,400 MT were up 98 percent from the previous week and 37 percent from the prior 4-week average. The primary destinations were Mexico (47,300 MT), Ecuador (31,800 MT), the Philippines (27,500 MT), Canada (13,700 MT), Panama (9,400 MT), and Colombia (9,300 MT).
Soybean Oil: Net sales reductions of 2,600 MT--a marketing-year low-- for 2014/2015 were down noticeably from the previous week and from the prior 4-week average. Increases reported for the Dominican Republic (1,100 MT) and Mexico (100 MT), were more than offset by decreases for Canada (3,800 MT). Net sales of 1,800 MT for 2015/2016 were reported for Mexico. Exports of 15,900 MT were up noticeably from the previous week and from the prior 4-week average. The primary destinations were the Dominican Republic (9,400 MT), Venezuela (3,000 MT), and Mexico (2,800 MT).
Cotton: Net sales for 2015/2016, which began August 1, totaled 96,900 RB. Increases reported for Vietnam (21,900 RB, including 4,400 RB switched from China, 600 RB switched from Japan, and decreases of 100 RB), Turkey (12,600 RB), Taiwan (11,300 RB), Bangladesh (11,000 MT), and Mexico (10,400 RB), were partially offset by decreases for Honduras (400 RB). A total of 439,300 RB in sales were carried over from the 2014/2015 marketing year, which ended July 31. Exports for the period ending July 31 of 38,300 RB brought accumulated exports to 10,535,100 RB, up 10 percent from the prior year’s total of 9,575,000 RB. The primary destinations were Vietnam (7,500 RB), Turkey (6,600 RB), Mexico (5,400 RB), Indonesia (4,800 RB), and Thailand (3,200 RB). Exports for August 1-6 totaled 99,600 RB, with Vietnam (20,400 RB), Mexico (15,700 RB), Turkey (13,000 RB), Indonesia (9,200 RB), and South Korea (7,700 RB) being the primary destinations. Net sales of Pima for 2015/2016 totaled 2,800 RB. Increases were reported for Pakistan (1,100 RB), India (900 RB), South Korea (500 RB), Japan (300 RB), and Indonesia (100 RB). A total of 50,600 RB in sales were carried over from the 2014/2015 marketing year, which ended July 31. Exports for the period ending July 31 of 300 RB brought accumulated exports to 394,000 RB, down 40 percent from the prior year’s total of 653,700 RB. The destinations were India (200 RB) and Turkey (100 RB). Exports for August 1-6 totaled 6,300 RB, with India (2,600 RB), Bangladesh (1,500 RB), Peru (900 RB), and Turkey (500 RB) being the primary destinations.
Optional Origin Sales: For 2014/2015, decreases in optional origin sales were reported for South Korea (4,600 RB) and Vietnam (300 RB). Outstanding optional origin sales totaling 11,300 RB, all Thailand, were carried over to 2015/2016. For 2015/2016, decreases in optional origin sales totaling 11,300 RB were reported for Thailand.
Exports for Own Account: For 2014/2015, exports for own account totaling 2,300 RB to China and 1,400 RB to Vietnam were applied to new or outstanding sales. Exports for own account totaling 46,200 RB were carried over to 2015/2016. For 2015/2016, new exports for own account totaling 2,000 RB were reported to Vietnam. The current exports for own account balance is 48,200 RB, and is for China (46,200 RB) and Vietnam (2,000 RB).
Hides and Skins: Net sales of 268,300 pieces for 2015, were down 64 percent from the previous week and 54 percent from the prior 4-week average. Whole cattle hide sales of 268,600 pieces were primarily for China (146,200 pieces), Thailand (35,000 pieces), South Korea (33,500 pieces), Mexico (15,200 pieces), and Taiwan (12,800 pieces). Decreases were reported for Indonesia (1,200 pieces). Exports of 458,400 pieces were up 12 percent from the previous week and 23 percent from the prior 4-week average. Whole cattle hide exports totaling 448,000 pieces were primarily to China (275,900 pieces), South Korea (90,700 pieces), Mexico (27,000 pieces), Thailand (22,200 pieces), and Japan (8,200 pieces).
Net sales of 141,600 wet blues for 2015 were down 65 percent from the previous week and 18 percent from the prior 4-week average. Increases were reported for China (67,000 grain splits and 8,500 unsplit), Italy (27,500 unsplit and 25,700 grain splits), and Vietnam (8,600 unplit). Decreases were reported for South Korea (600 unsplit), Mexico (200 grain splits and 100 unsplit), and Japan (100 grain splits). Net sales reductions of 33,200 pieces for 2015 were reported for South Korea (30,800 unsplit) and Taiwan (2,400 unsplit). Exports of 133,000 wet blues were up 2 percent from the previous week and 28 percent from the prior 4-week average. The primary destinations were Italy (44,400 unsplit and 7,200 grain splits), China (19,500 unsplit and 6,400 grain splits), Vietnam (18,200 unsplit), and Mexico (10,200 grain splits and 1,700 unsplit). Net sales of splits totaling 426,600 pounds for 2015 resulted as increases for Taiwan (427,900 pounds), were partially offset by decreases for South Korea (1,200 pounds). For 2016, net sales reductions of 474,400 pounds were for South Korea (458,700 pounds), Italy (13,900 pounds), and China (1,800 pounds). Exports of 948,700 pounds were down 4 percent from the previous week, but up 44 percent from the prior 4-week average. The destination was South Korea.
Beef: Net sales of 12,300 MT for 2015 were up noticeably from the previous week and 46 percent from the prior 4-week average. Increases were reported for Japan (7,000 MT), South Korea (1,800 MT), Hong Kong (800 MT), Taiwan (800 MT), and Mexico (700 MT). Exports of 10,400 MT were down 1 percent from the previous week and 12 percent from the prior 4-week average. The primary destinations were Japan (2,800 MT), South Korea (2,400 MT), Mexico (1,400 MT), Canada (1,300 MT), and Taiwan (1,100 MT).
Pork: Net sales of 16,400 MT for 2015 were up 15 percent from the previous week and 5 percent from the prior 4-week average. Increases were reported for Mexico (5,300 MT), Japan (4,500 MT), Australia (1,400 MT), Canada (1,200 MT), and South Korea (800 MT). Net sales of 300 MT for 2016 were reported for Japan (200 MT), and Australia (100 MT). Exports of 17,000 MT were up 1 percent from the previous week, but down 3 percent from the prior 4-week average. The primary destinations were Mexico (6,400 MT), Japan (3,800 MT), Canada (1,600 MT), South Korea (1,500 MT), and Chile (700 MT).
Source: USDA