USDA News.
Wheat: Net sales of 590,900 metric tons for delivery in the 2014/2015 marketing year were down 26 percent from the previous week and 24 percent from the prior 4-week average. Increases were reported for Nigeria (222,400 MT, including 40,000 MT switched from unknown destinations), Taiwan (85,300 MT), Mexico (68,300 MT), Chile (43,600 MT), Jamaica (30,000 MT), and South Korea (29,600 MT). Decreases were reported for Brazil (35,500 MT). Net sales of 30,000 MT for 2015/2016 were reported for Nigeria. Exports of 415,200 MT were down 1 percent from the previous week and 7 percent from the prior 4-week average. The primary destinations were Brazil (92,000 MT), Nigeria (68,500 MT), Mexico (67,500 MT), Japan (50,700 MT), Chile (43,600 MT), and the Dominican Republic (22,500 MT).
Optional Origin Sales: For 2014/2015, outstanding optional origin sales total 40,000 MT, all Algeria.
Exports for Own Account: Decreases in exports for own account totaling 5,700 MT were reported to Italy. The current exports for own account balance is 10,700 MT, all Italy.
Corn: Net sales of 120,900 MT for 2013/2014 were down 30 percent from the previous week and 66 percent from the prior 4-week average. Increases were reported for Japan (185,200 MT, including 194,700 MT switched from unknown destinations and decreases of 18,600 MT), Israel (69,000 MT, including 60,000 MT switched from unknown destinations), Mexico (61,800 MT), Colombia (42,300 MT), Peru (35,200 MT, including 30,000 MT switched from unknown destinations and decreases of 6,300 MT), and Taiwan (24,600 MT). Decreases were reported for unknown destinations (287,300 MT), Egypt (68,000 MT), Costa Rica (1,700 MT), and Nicaragua (1,300 MT). Net sales of 758,700 MT for 2014/2015 were reported primarily for Colombia (237,000 MT), Mexico (186,200 MT), unknown destinations (108,200 MT), Japan (98,000 MT), and Costa Rica (62,000 MT). Exports of 1,071,700 MT were up 24 percent from the previous week and 8 percent from the prior 4-week average. The primary destinations were Japan (363,200 MT), Mexico (191,300 MT), South Korea (190,300 MT), Peru (96,100 MT), Israel (69,000 MT), Colombia (56,600 MT), and Panama (19,700 MT).
Optional Origin Sales: For 2013/2014, outstanding optional origin sales total 55,000 MT, all South Korea.
Barley: Net sales of 400 MT for 2014/2015 resulted as increases for Taiwan (500 MT). Decreases were reported for South Korea (100 MT). Exports of 400 MT were reported to Taiwan.
Sorghum: Net sales of 2,300 MT for 2013/2014 resulted as increases for China (57,300 MT, including 55,000 MT switched from unknown destinations), were partially offset by decreases for unknown destinations (55,000 MT). Exports of 120,900 MT were reported to China.
Rice: Net sales reductions totaling 5,700 MT were reported for the 2013/2014 marketing year, which ended July 31. Increases reported for Colombia (11,300 MT), Guatemala (5,300 MT), Canada (1,900 MT), Iraq (1,500 MT), and Saudi Arabia (1,400 MT), were more than offset by decreases for Mexico (16,400 MT), unknown destinations (8,700 MT), and El Salvador (2,300 MT). A total of 138,000 MT in sales were outstanding on July 31 and carried over to 2014/2015. Net sales of 44,000 MT were reported for 2014/2015, which began August 1. Exports for 2013/2014 totaled 80,200 MT and were primarily to Iraq (31,500 MT), Colombia (17,900 MT), Honduras (9,400 MT), Guatemala (5,300 MT), and Costa Rica (4,800 MT). Accumulated exports in 2013/2014 totaled 3,040,700 MT, down 11percent from the prior year’s total of 3,426,700 MT.
Soybeans: Net sales of 94,900 MT for 2013/2014 were down 49 percent from the previous week and 25 percent from the prior 4-week average. Increases were reported for Indonesia (72,400 MT), China (8,000 MT), Taiwan (7,600 MT), and Mexico (4,700 MT). Net sales of 1,008,600 MT for 2014/2015 were primarily for China (700,000 MT), unknown destinations (138,000 MT), Mexico (80,800 MT), Turkey (37,000 MT), Colombia (26,500 MT), and Taiwan (16,000 MT). Exports of 53,900 MT--a marketing-year low--were down 49 percent from the previous week and 52 percent from the prior 4-week average. The primary destinations were Japan (21,300 MT), Mexico (14,900 MT), Vietnam (5,700 MT), and Indonesia (5,400 MT).
Optional Origin Sales: For 2013/2014, outstanding optional origin sales total 110,500 MT, all China. For 2014/2015, outstanding optional origin sales total 898,000 MT, and are for China (733,000 MT), Egypt (120,000 MT), and Mexico (45,000 MT).
Soybean Cake and Meal: Net sales of 252,100 MT for 2013/2014 were up noticeably from the previous week and from the prior 4-week average. Increases were reported for Ireland (86,000 MT), Egypt (50,000 MT), unknown destinations (33,400 MT), Venezuela (25,500 MT), and Mexico (9,400 MT). Decreases were reported for Nicaragua (400 MT). Net sales of 479,000 MT for 2014/2015 were reported primarily for unknown destinations (349,800 MT), the Philippines (41,000 MT), and Turkey (25,500 MT). Exports of 80,700 MT were unchanged from the previous week, but down 27 percent from the prior 4-week average. The primary destinations were Mexico (14,200 MT), Canada (14,000 MT), Panama (10,500 MT), Japan (6,400 MT), and Guatemala (6,100 MT).
Soybean Oil: Net sales of 15,400 MT for 2013/2014 were up 21 percent from the previous week and 68 percent from the prior 4-week average. Increases were reported for the Dominican Republic (7,300 MT), Switzerland (7,000 MT), Canada (4,000 MT), and Jamaica (3,500 MT). Decreases were reported for unknown destinations (9,900 MT). Net sales of 10,000 MT for 2014/2015 were reported for unknown destinations. Exports of 12,200 MT were down 29 percent from the previous week and 39 percent from the prior 4-week average. The primary destinations were Canada (8,300 MT), Mexico (3,500 MT), and Israel (100 MT).
Cotton: Net sales reductions of upland for 2013/2014, which ended July 31, totaled 1,300 running bales (RB). Increases were reported for Vietnam (6,900 RB, including 3,300 RB switched from China and 3,100 RB switched from Hong Kong), Turkey (1,700 RB), Morocco (700 RB), Guatemala (600 RB, including 200 RB switched from El Salvador), and Mexico (200 RB). Decreases were reported for China (7,500 RB), Hong Kong (3,100 RB), Ecuador (400 RB), and Indonesia (300 RB). A total of 551,100 RB in sales were carried over from the 2013/2014 marketing year. Net sales of 251,000 were reported for 2014/2015. Exports of 145,100 RB were up 23 percent from the previous week and 42 percent from the prior 4-week average. Accumulated exports in 2013/2014 totaled 9,575,000 RB, down 20 percent from the prior year’s total of 11,864,000 RB. Net sales reductions of Pima for 2013/2014 totaled 900 RB. Increases for Egypt (700 RB) and Thailand (100 RB), were more than offset by decreases for China (1,100 RB) and Japan (500 RB). Exports of 2,300 RB were primarily to Indonesia (900 RB), Egypt (700 RB), and Pakistan (400 RB). Accumulated exports in 2013/2014 totaled 653,700 RB, down 20 percent from the prior year’s total of 811,900 RB.
Optional Origin Sales: For 2013/2014, outstanding optional origin sales total 16,200 RB, and are for Thailand (11,300 RB), South Korea (4,600 RB), and Vietnam (300 RB).
Exports for Own Account: The current exports for own account balance is 57,200 RB, all China.
Hides and Skins: Net sales of 388,100 pieces were up 42 percent from the previous week and 9 percent from the prior 4-week average. Whole cattle hide sales of 387,900 pieces were primarily for China (262,700 pieces), South Korea (87,200 pieces), Mexico (20,700 pieces), and Japan (8,300 pieces). Exports of 375,100 pieces were down 9 percent from the previous week, but unchanged from the prior 4-week average. Whole cattle hide exports of 366,700 pieces were primarily to China (249,800 pieces), South Korea (70,900 pieces), Mexico (18,200 pieces), and Taiwan (12,200 pieces).
Net sales of 107,700 wet blues for 2014 were reported for China (44,500 unsplit and 9,700 grain splits), Thailand (14,600 unsplit), South Korea (11,300 unsplit), and Vietnam (9,600 unsplit). Decreases were reported for Japan (200 unsplit and 100 grain splits). Exports of 117,300 wet blues were primarily to China (20,800 unsplit and 18,100 grain splits), Italy (17,900 unsplit), Vietnam (16,600 unsplit), and the Dominican Republic (12,100 unsplit). Net sales of splits totaling 649,000 pounds for 2014 resulted as increases for China (659,900 pounds), were partially offset by decreases for South Korea (7,300 pounds), Vietnam (2,200 pounds), and Hong Kong (1,400 pounds). Exports of 602,700 pounds were reported to South Korea (242,500 pounds), Vietnam (167,600 pounds), Hong Kong (142,600 pounds), and Taiwan (50,000 pounds).
Beef: Net sales of 12,000 MT for 2014 were down 31 percent from the previous week and 13 percent from the prior 4-week average. Increases were reported for Japan (8,100 MT), Canada (1,200 MT), Hong Kong (900 MT), South Korea (700 MT), and Taiwan (300 MT). Exports of 14,900 MT were up 4 percent from the previous week and 7 percent from the prior 4-week average. The primary destinations were Japan (5,500 MT), South Korea (2,200 MT), Hong Kong (2,200 MT), Mexico (1,900 MT), and Canada (1,400 MT).
Pork: Significant late reported sales and exports for prior weeks were reported this week, resulting in net sales of 254,300 MT for 2014, up noticeably from the previous week and from the prior 4-week average. Increases were reported for Mexico (70,900 MT, including 62,200 MT late reported), Japan (57,900 MT, including 55,700 MT late reported), Russia (42,600 MT, including 39,300 late reported), China (31,200 MT, including 31,100 MT late reported), and South Korea (19,100 MT, including 18,500 MT late reported). Exports of 225,300 MT were up noticeably from the previous week and from the prior 4-week average. The primary destinations were Mexico (60,800 MT), Japan (55,300 MT), China (30,900 MT), Russia (29,000 MT), and South Korea (18,200 MT).
Source: USDA