Export Sales Highlights  

 

This summary is based on reports from exporters for the period June 17-23, 2016. 

Wheat:  Net sales of 645,300 metric tons were reported for delivery in marketing year 2016/2017.  The primary destinations were South Korea (116,600 MT), Colombia (82,800 MT), Indonesia (68,000 MT), Venezuela (61,100 MT, including 45,000 MT switched from unknown destinations), the Philippines (60,500 MT, including 50,000 MT switched from unknown destinations), Japan (59,200 MT), and Taiwan (55,600 MT, including 54,800 MT switched from unknown destinations).  Reductions were for unknown destinations (84,800 MT) and Peru (5,100 MT).  Exports of 530,700 MT were reported to the Philippines (98,500 MT), South Africa (87,000 MT), Venezuela (61,100 MT), Taiwan (55,600 MT), Kenya (44,000 MT), Tanzania (42,500 MT), and Mexico (39,700 MT). 

Corn:  Net sales of 468,500 MT for 2015/2016 were down 46 percent from the previous week and 59 percent from the prior 4-week average.  Increases were reported for South Korea (259,800 MT, including 131,000 MT switched from unknown destinations and decreases of 6,000 MT), Japan (140,300 MT, including 156,800 MT switched from unknown destinations and decreases of 54,000 MT), Vietnam (112,000 MT, including 125,000 MT switched from unknown destinations), Taiwan (65,800 MT), Colombia (60,000 MT), Egypt (58,800 MT, including 65,000 MT switched from unknown destinations and decreases of 6,200 MT), and Portugal (54,000 MT, including 50,000 MT switched from unknown destinations).  Reductions were reported for unknown destinations (461,800 MT), Algeria (3,700 MT), Guatemala (2,600 MT), and Nicaragua (2,500 MT).  For 2016/2017, net sales of 536,100 MT were reported for South Korea (138,000 MT), Mexico (135,900 MT), Japan (120,000 MT), Costa Rica (84,200 MT), and unknown destinations (48,500 MT).  Exports of 1,497,200 MT were up 24 percent from the previous week and 29 percent from the prior 4-week average.  The primary destinations were Japan (370,200 MT), Mexico (283,600 MT), Vietnam (176,400 MT), South Korea (125,900 MT), Peru (99,000 MT), and Chile (77,800 MT).

Optional Origin Sales:  For 2015/2016, the current optional origin outstanding sales balance is 394,800 MT, all unknown destinations.  

Barley: Net sales of 1,000 MT for 2016/2017 were reported for Vietnam.  Exports of 400 MT were reported to Taiwan.   

Sorghum:  Net sales of 84,600 MT for 2015/2016 were down 50 percent from the previous week and 38 percent from the prior 4-week average.  Increases reported for China (112,600 MT, including 53,000 MT switched from unknown destinations and decreases of 1,400 MT) and Colombia (25,000 MT), were partially offset by reductions for unknown destinations (53,000 MT).  Exports of 56,300 MT were up noticeably from the previous week, but down 33 percent from the prior 4-week average.  The destinations were China (53,100 MT) and Mexico (3,200 MT).  

Rice:  Net sales of 84,100 MT for 2015/2016 were up 68 percent from the previous week and 69 percent from the prior 4-week average.  Increases were reported for unknown destinations (30,800 MT), Haiti (28,000 MT), Jordan (7,300 MT), Mexico (6,900 MT), and Canada (2,000 MT).  Exports of 105,000 MT, up noticeably from the previous week and 93 percent from the prior 4-week average, were reported to Iraq (29,700 MT), Japan (24,700 MT), Haiti (14,600 MT), Mexico (11,500 MT), and Jordan (9,000 MT).

Exports for Own Account:  The current outstanding balance is 300 MT, all Canada. 

Soybeans:  Net sales of 730,000 MT for 2015/2016 were up 11 percent from the previous week and 15 percent from the prior 4-week average.  Increases were reported for unknown destinations (462,000 MT), Indonesia (91,000 MT, including 65,000 MT switched from unknown destinations and decreases of 400 MT), Pakistan (60,000 MT), Mexico (46,600 MT), Taiwan (28,400 MT), and Malaysia (17,800 MT).  Reductions were reported for China (20,900 MT) and South Korea (500 MT).  For 2016/2017, net sales of 798,000 MT were reported primarily for China (372,000 MT), unknown destinations (285,000 MT), Turkey (60,000 MT), and Costa Rica (39,000 MT).  Exports of 388,100 MT were up 19 percent from the previous week and 81 percent from the prior 4-week average.  The primary destinations were Mexico (95,300 MT), Indonesia (91,400 MT), China (68,900 MT), Japan (35,500 MT), and the Philippines (10,400 MT).

Optional Origin Sales:  For 2015/2016, options were exercised to export 60,000 MT from the United States to Pakistan.  The current outstanding sales balance of 423,000 MT, all China.  For 2016/2017, the current outstanding balance is 63,000 MT, all China.   

Exports for Own Account:  The current exports for own account outstanding balance totals 500 MT, all Canada. 

Soybean Cake and Meal:  Net sales of 115,500 MT for 2015/2016 were down 29 percent from the previous week, but up 28 percent from the prior 4-week average.  Increases were reported for Mexico (35,100 MT), Venezuela (25,000 MT), Peru (20,000 MT), Canada (16,500 MT), Colombia (15,900 MT), and Thailand (5,000 MT).  Reductions were reported for the Dominican Republic (9,700 MT) and Nicaragua (1,200 MT).   For 2016/2017, net sales of 44,100 MT were reported for the Philippines (40,000 MT) and Canada (4,100 MT).  Exports of 129,600 MT were down 31 percent from the previous week and 30 percent from the prior 4-week average.  The primary destinations were Thailand (49,500 MT), Mexico (24,900 MT), the Dominican Republic (17,100 MT), Canada (14,000 MT), and El Salvador (7,300 MT).

Optional Origin Sales:  For 2015/2016, the current optional origin outstanding sales balance is 66,000 MT, all unknown destinations.

Soybean Oil:  Net sales of 62,400 MT for 2015/2016 were up noticeably from the previous week and from the prior 4-week average.  Increases were reported for China (40,000 MT), Venezuela (15,000 MT), Mexico (6,100 MT), Colombia (700 MT), and Canada (500 MT).  Exports of 5,900 MT were down 41 percent from the previous week and 54 percent from the prior 4-week average.  The primary destinations were Mexico (5,200 MT) and Canada (600 MT).

Cotton:   Net upland sales totaling 58,700 RB for 2015/2016 were down 66 percent from the previous week and 50 percent from the prior 4-week average.  Increases were reported for Indonesia (19,300 RB, including 500 RB switched from Japan and decreases of 200 RB), India (14,700 RB), Vietnam (11,200 RB), Turkey (8,700 RB), Taiwan (5,400 RB), and Brazil (2,700 RB, switched from Ecuador).  Reductions were reported for El Salvador (4,800 RB), Ecuador (2,700 RB), and Pakistan (1,600 RB).   For 2016/2017, net sales of 138,300 RB reported primarily for Vietnam (50,600 RB), Mexico (23,000 RB), Colombia (22,700 RB), and Indonesia (13,400 RB), were partially offset by reductions for Japan (200 RB).   Exports of 229,700 RB were up 39 percent from the previous week and 23 percent from the prior 4-week average.  The primary destinations were Vietnam (47,200 RB), Turkey (36,500 RB), Indonesia (33,700 RB), Mexico (24,700 RB), and China (17,400 RB).  Net sales of Pima totaling 12,500 RB for 2015/2016 were up 54 percent from the previous week and 56 percent from the prior 4-week average.  Increases were reported for China (5,800 RB), India (2,200 RB), Egypt (1,500 RB), and Vietnam (1,300 RB).  For 2016/2017, net sales of 6,000 RB were reported for Egypt (3,900 RB), India (1,300 RB), Mexico (500 RB), and Honduras (300 RB).  Exports of 10,000 RB were down 1 percent from the previous week and 2 percent from the prior 4-week average.  The primary destinations were China (5,000 RB), India (2,500 RB), Egypt (900 RB), Taiwan (500 RB), and South Korea (400 RB).

Exports for Own Account: The current exports for own account outstanding balance of 39,800 RB is for China (34,200 RB) and Vietnam (5,600 RB).

Hides and Skins:  Net sales of 461,500 pieces for 2016 were up 12 percent from the previous week, but unchanged from the prior-4 week average.  Whole cattle hide sales of 450,100 pieces were primarily for China (301,600 pieces), South Korea (64,600 pieces), Thailand (33,200 pieces), Brazil (14,000 pieces), and Mexico (10,500 pieces).  Exports of 351,300 pieces, all whole cattle hides, were down 6 percent from the previous week and 12 percent from the prior 4-week average.  The primary destinations were China (214,000 pieces), South Korea (54,400 pieces), Mexico (26,400 pieces), Brazil (15,400 pieces), and Taiwan (11,200 pieces).   

Net sales of 137,600 wet blues for 2016 were up 42 percent from the previous week and 59 percent from the prior 4-week average.  Increases were reported for Italy (78,000 unsplit and 21,700 grain splits), China (18,800 unsplit), Brazil (6,600 unsplit), and Japan (4,600 unsplit).  Reductions were reported for Mexico (700 unsplit and 200 grain splits), Taiwan (800 unsplit), China (800 grain splits), and Vietnam (200 unsplit).  Exports of 127,700 wet blues were down 22 percent from the previous week 16 percent from the prior 4-week average.  Exports were primarily to China (35,100 unsplit and 17,200 grain splits), Italy (14,200 unsplit and 3,600 grain splits), Mexico (9,000 unsplit and 5,000 grain splits), and Vietnam (7,300 grain splits and 5,800 unsplit).  Net sales of splits totaling 248,700 pounds for 2016 reported for China (410,800 pounds) and Taiwan (15,700 pounds), were partially offset by reductions for South Korea (88,700 pounds), Vietnam (34,300 pounds), Hong Kong (30,700 pounds), and Italy (24,100 pounds).  Exports of 1,590,300 pounds were reported to Taiwan (800,000 pounds), China (538,900 pounds), and South Korea (251,400 pounds). 

Beef:  Net sales of 14,600 MT for 2016 were down 10 percent from the previous week, but up 8 percent from the prior 4-week average.  Increases were reported for South Korea (5,300 MT), Hong Kong (2,300 MT), Japan (2,100 MT), Mexico (1,700 MT), and Canada (1,600 MT).  For 2017, net sales of 400 MT were reported for Canada.  Exports of 14,300 MT were down 4 percent from the previous week, but up 7 percent from the prior 4-week average.  The primary destinations were Japan (4,600 MT), South Korea (3,600 MT), Canada (1,500 MT), Hong Kong (1,300 MT), and Mexico (1,300 MT).

Pork:  Net sales of 13,300 MT for 2016 were down 34 percent from the previous week and 26 percent from the prior 4-week average.  Increases were reported for Mexico (4,500 MT), Japan (2,300 MT), Canada (2,300 MT), Hong Kong (2,000 MT), and Colombia (900 MT).  Exports of 19,700 MT were up 3 percent from the previous week, but unchanged from the prior 4-week average.  The primary destinations were Mexico (6,700 MT), Japan (4,100 MT), China (3,100 MT), Canada (1,300 MT), and South Korea (1,200 MT).

June 30, 2016                                                                             1                                      FOREIGN AGRICULTURAL SERVICE/USDA 

 

SUMMARY OF EXPORT TRANSACTIONS

Reported Under the Daily Reporting System

for Period Ending June 23, 2016

COMMODITY                                        DESTINATION                                QUANTITY (MT)                        MARKETING

CORN                                                      SOUTH KOREA                               69,000 MT 1/                               2015/2016

CORN                                                      SOUTH KOREA                               69,000 MT 1/                               2016/2017

SOYBEANS                                            CHINA                                            132,000 MT 1/                               2016/2017

SOYBEANS                                            UNKNOWN                                    346,500 MT 1/                               2015/2016

SOYBEANS                                             UNKNOWN                                   191,000 MT 1/                               2016/2017

SOYBEAN OIL                                        CHINA                                             40,000 MT 1/                               2015/2016

 

1/ Export Sales.