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USDA: Export Sales Reports

Wheat:  Net sales of 536,200 MT for the 2012/2013 marketing year were up noticeably from the previous week, but down 7 percent from the prior 4-week average.  Increases were reported for Egypt (146,000 MT), China (111,700 MT), unknown destinations (81,300 MT), Chile (58,800 MT), and Mexico (54,500 MT).  Net sales of 38,500 MT for the 2013/2014 marketing year were reported for unknown destinations (20,000 MT), Colombia (13,500 MT), and Honduras (5,000 MT).  Exports of 284,800 MT were up 8 percent from the previous week, but down 9 percent from the prior 4-week average.  The primary destinations were the Philippines (74,300 MT), Mexico (56,600 MT), Taiwan (54,600 MT), Chile (52,800 MT), and Venezuela (33,800 MT).

Corn:  Net sales of 393,300 MT for the 2012/2013 marketing year were up noticeably from the previous week and from the prior 4-week average.  Increases for Mexico (113,000 MT), unknown destinations (98,600 MT), Japan (68,300 MT, including 13,400 MT switched from unknown destinations and decreases of 1,100 MT), and China (62,600 MT, including 60,000 MT switched from unknown destinations), were partially offset by decreases for Colombia (6,900 MT), Jamaica (3,900 MT), and the Dominican Republic (2,000 MT).  Exports of 246,900 MT were up noticeably from the previous week, but down 4 percent from the prior 4-week average.  The primary destinations were Japan (86,000 MT), China (62,600 MT), Mexico (47,900 MT), and Cuba (27,500 MT).

Optional Origin Sales:   For MY 2012/2013, optional origin sales totaling 68,200 MT for South Korea were exercised to export from other than the United States.  Outstanding optional origin sales total 137,900 MT, and are for South Korea (117,900 MT), and Israel (20,000 MT).  For MY 2013/2014, outstanding optional origin sales total 30,000 MT, all Mexico.

Barley:  Net sales of 1,500 MT were reported for Taiwan (1,000 MT) and South Korea (500 MT).  There were no exports during the week.

Sorghum:  Net sales of 15,200 MT for delivery in the 2012/2013 marketing year were for unknown destinations.  Exports of 1,500 MT were reported to Mexico.

Rice:  Net sales of 45,600 MT for the 2012/2013 marketing year were up 13 percent from the previous week, but down 32 percent from the prior 4-week average.  Increases were reported for Haiti (14,800 MT), South Korea (8,900 MT), Mexico (7,400 MT), Turkey (3,000 MT), and Israel (2,400 MT).  Decreases were reported for Nicaragua (900 MT).  Net sales reductions of 7,200 MT for the 2013/2014 marketing year were reported for Haiti.  Exports of 28,500 MT were down 73 percent from the previous week and 68 percent from the prior 4-week average.  The primary destinations were Japan (14,700 MT), Mexico (3,800 MT), South Korea (3,500 MT), Canada (3,000 MT), and Jordan (1,400 MT).

Soybeans:  Net sales of 1,608,800 MT--a marketing-year high--for the 2012/2013 marketing year were for China (845,600 MT, including 60,000 MT switched from unknown destinations and decreases of 24,600 MT), Egypt (130,500 MT), the Netherlands (125,500 MT, including 125,000 MT switched from unknown destinations), Mexico (104,700 MT), and Spain (81,600 MT, including 74,000 MT switched from unknown destinations).  Decreases were reported for unknown destinations (34,100 MT) and Costa Rica (14,300 MT).  Net sales of 180,000 MT for delivery in the 2013/2014 marketing year were for China.  Exports of 1,280,200 MT were up 9 percent from the previous week and 11 percent from the prior 4-week average.  The primary destinations were China (723,500 MT), the Netherlands (125,500 MT), Spain (81,600 MT), Mexico (77,500 MT), and South Korea (58,900 MT).  

Optional Origin Sales:  For MY 2012/2013, optional origin sales totaling 126,000 MT were reported for China.  Outstanding optional origin sales total 126,000 MT, all China.  For MY 2013/2014, optional origin sales totaling 120,000 MT were reported for China.  Outstanding optional origin sales total 120,000 MT, all China. 

Soybean Cake and Meal:  Net sales of 236,100 MT for the 2012/2013 marketing year were up noticeably from the previous week and up 37 percent from the prior 4-week average.  Increases were reported for Denmark (95,300 MT, including 87,000 MT switched from unknown destinations), Australia (41,400 MT, including 40,000 MT switched from unknown destinations), Ecuador (32,500 MT), Colombia (24,300 MT), Poland (19,600 MT, switched from unknown destinations), and Mexico (18,400 MT).  Decreases were reported for unknown destinations (72,700 MT), the Dominican Republic (23,300 MT), and Jamaica (2,000 MT).  Net sales of 9,000 MT for delivery in the 2013/2014 marketing year were for Mexico.  Exports of 374,900 MT were up 77 percent from the previous week and 83 percent from the prior 4-week average.  The primary destinations were Denmark (95,300 MT), Poland (46,600 MT), Australia (41,400 MT), Egypt (36,800 MT), and Ecuador (27,500 MT). 

Soybean Oil:  Net sales of 12,900 MT for the 2012/2013 marketing year were up 19 percent from the previous week, but down 4 percent from the prior 4-week average.  Increases were reported for Hong Kong (3,500 MT), China (3,000 MT), Canada (2,300 MT), and Mexico (1,500 MT).  Exports of 9,900 MT were down 77 percent from the previous week and 66 percent from the prior 4-week average.  The primary destinations were Colombia (4,900 MT), Mexico (2,800 MT), Nicaragua (1,000 MT), and Canada (1,000 MT).

Optional Origin Sales: For MY 2012/2013, outstanding optional origin sales total 20,000 MT, all unknown destinations.

Cotton:  Net Upland sales of 339,000 running bales for the 2012/2013 marketing year were up 73 percent from the previous week and 36 percent from the prior 4-week average.  Increases were reported for China (108,200 RB), Turkey (83,600 RB), Indonesia (42,300 RB), Vietnam (29,800 RB), Thailand (16,000 RB), and Taiwan (12,700 RB).  Decreases were reported for El Salvador (1,200 RB).  Net sales of 4,700 RB for delivery in the 2013/2014 marketing year were for Indonesia (3,400 RB) and Japan (1,300 RB).  Exports of 315,600 RB--a marketing-year-high--were up 23 percent from the previous week and 61 percent from the prior 4-week average.  The primary destinations were China (169,600 RB), Turkey (34,800 RB), Vietnam (24,000 RB), Mexico (15,600 RB), Pakistan (15,000 RB), and Thailand (9,800 RB).  Net American Pima sales of 28,700 RB for the 2012/2013 marketing year were up noticeably from the previous week and from the prior 4-week average.  Increases were reported for China (19,400 RB), Turkey (2,600 RB), Egypt (2,200 RB), and Bangladesh (1,900 RB).  Exports of 21,800 RB--a marketing-year high--were up 41 percent from the previous week and up noticeably from the prior 4-week average.   Increases were primarily to China (9,500 RB), India (3,800 RB), Pakistan (3,300 RB), Turkey (3,000 RB), and Taiwan (1,300 RB).

Optional Origin Sales:  For MY 2012/2013, optional origin sales totaling 1,000 RB for China were exercised to export from the United States.  Optional origin sales totaling 900 RB for China were exercised to export from other than the United States.  Outstanding optional origin sales total 261,100 RB, and are for China (236,800 RB), South Korea (19,800 RB), Thailand (4,200 RB), and Vietnam (300 RB).

Exports for Own Account: The current exports for own account balance is 71,100 RB, all China.

Hides and Skins:  Net sales of 988,600 pieces were reported for delivery in 2013. Whole cattle hides of 972,200 pieces were primarily for China (619,100 pieces), South Korea (179,700 pieces), Vietnam (41,400 pieces), Mexico (39,200 pieces), and Taiwan (39,200 pieces).  Exports of 422,000 pieces were up 38 percent from the previous week.  Whole cattle hides exports of 420,400 pieces were primarily to China (245,700 pieces), South Korea (107,500 pieces), Taiwan (21,300 pieces), Mexico (18,800 pieces), and Thailand (12,700 pieces).            

Net sales of 151,100 wet blues for delivery in 2013 were primarily for China (87,100 unsplit and 4,000 grain splits), Mexico (35,100 grain splits and 100 unsplit), Vietnam (10,300 unsplit), and Spain (6,000 grain splits).  Exports of 149,400 hides were primarily for China (58,500 unsplit), Italy (40,200 unsplit), and Mexico (30,100 grain splits and 3,100 unsplit).  Net sales of splits totaling 1,103,200 pounds were mainly for South Korea (363,300 pounds), China (264,000 pounds), Italy (251,800 pounds), and Taiwan (221,600 pounds).  Decreases were reported for Hong Kong (3,100 pounds).  Exports of 1,014,300 pounds were primarily for South Korea (522,600 pounds), Italy (339,200 pounds), and Taiwan (100,000 pounds). 

Beef:  Net sales of 18,000 MT for delivery in 2013 were primarily for Japan (4,600 MT), South Korea (3,600 MT), Mexico (3,500 MT), Canada (2,600 MT), and Egypt (900 MT).  Exports of 15,200 MT were mainly to Mexico (3,700 MT), Japan (2,800 MT), Canada (2,400 MT), South Korea (1,800 MT), and Hong Kong (1,100 MT).

Source: USDA


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There’s no question the US swine industry is struggling through a down market cycle. Jason Woodworth, Research Professor at Kansas State University, spoke to attendees at the Annual Four Star Pork Industry Conference held in Muncie, Indiana in September about nutritional strategies for feeding pigs during a down market.

“Unfortunately, the goal may be to lose the least amount of money that you can during this time, and we have to look through that lens at the idea of profitability,” said Dr. Woodworth. “Our reality is that we're going to be on the bottom side of zero, and we’re trying to conserve as much as we can. I’d encourage producers to be as nimble and flexible as possible and to try to take advantage of what's going on in the market as well as what’s happening in your barns.”