Farms.com Home   News

USDA Export Sales Report Release

Wheat:   Net sales of 400,500 MT for delivery during the 2013/2014 marketing year were unchanged from the previous week, but down 11 percent from the prior 4-week average.  Increases were reported for Japan (128,700 MT), the Philippines (111,600 MT), Nigeria (65,000 MT), Egypt (55,000 MT), Yemen (55,000 MT, switched from unknown destinations), Indonesia (44,600 MT, switched from unknown destinations), South Korea (23,800 MT, including 17,000 MT switched from Japan and decreases of 2,000 MT), and the Dominican Republic (8,100 MT).  Decreases were reported for unknown destinations (97,000 MT) and Trinidad (4,000 MT).  Net sales of 327,500 MT for 2014/2015 were reported for Mexico (229,500 MT), unknown destinations (90,000 MT), and the Philippines (10,000 MT).  Decreases were reported for South Korea (2,000 MT).  Exports of 530,400 MT were up 21 percent from the previous week and 2 percent from the prior 4-week average.  The primary destinations were Nigeria (81,800 MT), South Korea (80,500 MT), the Philippines (53,500 MT), Thailand (50,000 MT), Mexico (49,400 MT), and Japan (46,300 MT).

Optional Origin Sales:   For 2013/2014, outstanding optional origin sales total 97,000 MT, and are for Algeria (88,000 MT) and Italy (9,000 MT).

Exports for Own Account:  Exports for own account to Italy (2,800 MT) were applied to new or outstanding sales.  The current exports for own account balance is 31,400 MT, and is for Italy (26,000 MT) and Belgium-Luxembourg (5,400 MT).

Corn:  Net sales of 1,408,300 MT for 2013/2014 were up 89 percent from the previous week and 49 percent from the prior 4-week average.  Increases were reported for Egypt (431,100 MT, including 26,100 MT switched from unknown destinations), Mexico (239,600 MT) Colombia (187,400 MT, including 62,700 MT switched from unknown destinations and decreases of 1,800 MT), South Korea (139,000 MT), Japan (110,300 MT, including 108,200 MT switched from unknown destinations and decreases of 29,100 MT), Taiwan (72,000 MT), Morocco (37,300 MT, including 20,000 MT switched from unknown destinations and 12,000 MT switched from China), and Peru (35,200 MT).  Decreases were reported for unknown destinations (16,100 MT), China (9,500 MT), and Guatemala (2,900 MT).  Net sales of 28,400 MT for 2014/2015 were reported for unknown destinations (25,400 MT) and China (5,000 MT).  Decreases were reported for Mexico (2,000 MT).  Exports of 1,230,000 MT were up 33 percent from the previous week and 29 percent from the prior 4-week average.  The primary destinations were Mexico (353,200 MT), Japan (249,800 MT), Colombia (127,600 MT), Taiwan (79,400 MT), Venezuela (71,000 MT), and South Korea (63,100 MT).

Optional Origin Sales:   For 2013/2014, optional origin sales totaling 68,000 MT were reported for South Korea.  Outstanding optional origin sales total 123,000 MT, all South Korea.

Barley: Net sales of 200 MT for 2013/2014 were reported for South Korea.  Exports of 500 MT were reported to Taiwan.

Sorghum: Net sales reductions of 2,300 MT for 2013/2014 resulted as increases for China (63,100 MT, including 58,000 MT switched from unknown destinations and decreases of 1,500 MT), Mexico (1,400 MT), and Hong Kong (300 MT), were more than offset by decreases for unknown destinations (67,000 MT).  Exports of 125,900 MT were reported to China (125,100 MT), Mexico (500 MT), and Hong Kong (300 MT).

Rice: Net sales of 7,700 MT for 2013/2014 were down 94 percent from the previous week and 91 percent from the prior 4-week average.  Increases were reported for Mexico (3,200 MT), Canada (1,500 MT), The Dominican Republic (700 MT), Australia (400 MT), and Singapore (300 MT).  Decreases were reported for the Bahamas (100 MT).  Net sales of 2,000 MT for 2014/2015 were reported for Taiwan.  Exports of 93,800 MT were up 20 percent from the previous week and 3 percent from the prior 4-week average.  The primary destinations were Mexico (47,200 MT), Turkey (12,600 MT), Japan (12,500 MT), Haiti (7,300 MT), and Honduras (2,500 MT).

Soybeans:  Net sales of 11,900 MT for 2013/2014 resulted as increases for the Netherlands (81,000 MT, including 74,500 MT switched from unknown destinations), Japan (72,900 MT, including 28,000 MT switched from unknown destinations), Mexico (40,500 MT), China (21,700 MT), and Taiwan (13,500 MT), were partially offset by decreases for unknown destinations (170,000 MT), Indonesia (39,800 MT), Venezuela (25,000 MT), Thailand (6,500 MT), and Vietnam (1,500 MT).  Net sales of 534,900 MT for 2014/2015 were reported primarily for China (336,000 MT), Indonesia (115,000 MT), and unknown destinations (55,000 MT).  Exports of 720,100 MT were down 36 percent from the previous week and 41 percent from the prior 4-week average.  The primary destinations were China (317,400 MT), Indonesia (111,200 MT), Japan (83,000 MT), the Netherlands (81,000 MT), and Mexico (50,000 MT).

Optional Origin Sales:   For 2013/2014, outstanding optional origin sales total 337,000 MT, all China.  For 2014/2015, outstanding optional origin sales total 450,000 MT, and are for China (330,000 MT) and Egypt (120,000 MT).

Soybean Cake and Meal:  Net sales of 158,500 MT for 2013/2014 were down 35 percent from the previous week and 16 percent from the prior 4-week average.  Increases were reported for Saudi Arabia (28,800 MT, including 24,800 MT switched from unknown destinations), the Philippines (28,500 MT), Mexico (26,700 MT), Colombia (25,500 MT), Italy (25,000 MT), and Ecuador (12,000 MT).   Decreases were reported for unknown destinations (36,500 MT).  Net sales of 31,000 MT for 2014/2015 were reported for unknown destinations (25,000 MT) and Indonesia (6,000 MT).  Exports of 180,700 MT were down 25 percent from the previous week and 35 percent from the prior 4-week average.  The primary destinations were Morocco (32,400 MT), Saudi Arabia (30,200 MT), Mexico (27,000 MT), Canada (17,800 MT), the Dominican Republic (16,100 MT), and Venezuela (12,000 MT).  

Soybean Oil:  Net sales of 4,000 MT for 2013/2014 were up 94 percent from the previous week, but down 43 percent from the prior 4-week average.  Increases were reported for Mexico (2,000 MT), Venezuela (1,500 MT), the Dominican Republic (800 MT), and Canada (500 MT).  Decreases were reported for Nicaragua (1,000 MT).  Exports of 4,900 MT were down 37 percent from the previous week and 79 percent from the prior 4-week average.  The primary destinations were Mexico (3,700 MT) and Canada (1,100 MT).

Cotton:  Net Upland sales of 66,300 RB for 2013/2014 were up 31 percent from the previous week, but down 11 percent from the prior 4-week average.  Increases were reported for China (15,000 RB,), South Korea (11,500 RB), Turkey (7,600 RB), Vietnam (7,100 RB), Colombia (5,700 RB), and Egypt (4,400 RB).  Decreases were reported for Guatemala (400 RB).   Net sales of 76,600 RB for 2014/2015 were reported primarily for Indonesia (48,400 RB), Thailand (14,000 RB), Turkey (5,700 RB), and China (4,400 RB).  Exports of 259,100 RB were down 21 percent from the previous week and 16 percent from the prior 4-week average.  The primary destinations were China (45,500 RB), Turkey (44,000 RB), Vietnam (32,300 RB), Indonesia (27,200 RB), Thailand (22,300 RB), and Mexico (16,700 RB).  Net American Pima sales of 12,700 RB for 2013/2014 were up noticeably from the previous week and 2 percent from the prior 4-week average.  Increases were reported for Indonesia (6,100 RB), China (5,700 RB), India (600 RB), Malaysia (100 RB, switched from Japan), and Honduras (100 RB).  Net sales of 2,000 MT for 2014/2015 were reported for Germany (1,700 MT) and Japan (300 MT).  Exports of 19,300 RB were primarily to China (10,900 RB), Peru (2,500 RB), India (1,700 RB), Indonesia (1,200 RB), and Egypt (900 RB).

Optional Origin Sales:  For 2013/2014, options were exercised to export 400 RB to Tunisia from the United States, switched from unknown destinations.  Outstanding optional origin sales total 15,300 RB, and are for Thailand (9,300 RB), South Korea (4,600 RB), unknown destinations (1,100 RB), and Vietnam (300 RB).

Exports for Own Account:  Exports for own account totaling 400 RB to Vietnam were applied to new or outstanding sales.  The current exports for own account balance is 66,500 RB, all China.

Hides and Skins:  Net sales of 421,700 pieces, all cattle hides, reported for 2014 were down 29 percent from the previous week and 24 percent from the prior 4-week average.  The primary destinations were China (332,700 pieces), South Korea (43,300 pieces), Thailand (18,400 pieces), Mexico (18,100 pieces), and Hong Kong (5,100 pieces).  Decreases were reported for Taiwan (1,500 pieces).  Exports of 488,200 pieces were down 5 percent from the previous week and from the prior 4-week average.  Whole cattle hides exports totaled 482,600 pieces, with the primary destinations being China (292,900 pieces), South Korea (97,200 pieces), Taiwan (31,800 pieces), Japan (17,400 pieces), and Thailand (16,300 pieces).

Net sales of 204,400 wet blues for 2014 were reported for China (67,900 unsplit), Italy (67,200 unsplit), Mexico (26,100 grain splits), and the Dominican Republic (16,000 unsplit and 4,400 gain splits).  Decreases were reported for Taiwan (4,000 unsplit), Japan (300 unsplit), China (100 grain splits), and Thailand (100 unsplit).  Exports of 128,700 wet blues were primarily to China (39,900 unsplit and 3,200 grain splits), Mexico (25,000 grain splits and 1,800 unsplit), Italy (19,700 unsplit and 1,900 grain splits), Vietnam (9,800 unsplit), and Thailand (5,200 unsplit).  Net sales reductions of splits totaling 31,700 pounds for 2014 were reported for Vietnam (11,900 pounds), South Korea (10,000 pounds), and Hong Kong (9,700 pounds).  Exports of 303,200 pounds were reported to South Korea.

Beef:  Net sales of 13,300 MT for 2014 were down 18 percent from the previous week and 6 percent from the prior 4-week average.  Increases were reported for Japan (3,300 MT), Mexico (3,200 MT), South Korea (3,000 MT), Hong Kong (2,400 MT), and the Philippines (500 MT).  Decreases were reported for Vietnam (300 MT) and Moldova (200 MT).  Net sales reductions of 100 MT for 2015 were reported for Canada.  Exports of 11,600 MT were down 20 percent from the previous week and 9 percent from the prior 4-week average.  The primary destinations were Japan (3,100 MT), Hong Kong (2,400 MT), Mexico (2,000 MT), South Korea (1,800 MT), and Taiwan (800 MT).

Pork:  Net sales of 6,600 MT were up 26 percent from the previous week, but down 24 percent from the prior 4-week average.  Increases were reported for Mexico (3,400 MT), Canada (1,100 MT), Japan (700 MT), South Korea (400 MT), and Hong Kong (300 MT).  Decreases were reported for Australia (100 MT).  Exports of 10,600 MT were primarily to Mexico (3,700 MT), South Korea (1,700 MT), Japan (1,300 MT), Hong Kong (1,000 MT), and Canada (800 MT).

Source: USDA


Trending Video

Market to Market

Video: Market to Market

The government report that analysts have been pointing to for weeks, drops. We decipher the data and look at where we go from here. And, commodity market analysis with Naomi Blohm and Matthew Bennett.