Export Sales Highlights   

This summary is based on reports from exporters for the period August 12-18, 2016. 

Wheat:  Net sales of 379,700 metric tons for 2016/2017 were down 22 percent from the previous week and 21 percent from the prior 4-week average.  Increases were reported for Japan (74,400 MT), Jamaica (59,000 MT), Taiwan (48,500 MT, including 34,500 MT switched from unknown destinations), Brazil (48,000 MT, including 27,500 MT switched from unknown destinations), and the Philippines (39,600 MT, including 22,600 MT switched from unknown destinations).  Reductions were reported for unknown destinations (93,100 MT) and Italy (200 MT).  Exports of 564,000 MT were down 21 percent from the previous week, but unchanged from the prior 4-week average.  The primary destinations were Indonesia (83,200 MT), Taiwan (56,900 MT), Colombia (56,600 MT), Chile (46,800 MT), and Venezuela (41,000 MT).

Exports for Own Account:  The current exports for own account outstanding balance is 24,900 MT, all Canada.

Corn:  Net sales of 71,100 MT for 2015/2016--a marketing-year low--were down 58 percent from the previous week and 82 percent from the prior 4-week average.  Increases were reported for Japan (126,900 MT, including 109,200 MT switched from unknown destinations and decreases of 8,800 MT), Bangladesh (60,800 MT), Israel (50,400 MT, including 44,400 MT switched from unknown destinations), Chile (42,500 MT, switched from unknown destinations), and Mexico (22,800 MT).  Reductions were reported for unknown destinations (286,700 MT), Morocco (22,900 MT), Guatemala (4,700 MT), and Honduras (1,000 MT).  For 2016/2017, net sales of 1,059,900 MT were reported primarily for unknown destinations (480,100 MT), Mexico (119,000 MT), and Colombia (99,000 MT).  Exports of 1,045,900 MT were down 10 percent from the previous week and 18 percent from the prior 4-week average.  The primary destinations were Japan (359,000 MT), Mexico (121,400 MT), Colombia (88,400 MT)Taiwan (72,200 MT), and South Korea (68,100 MT).

Optional Origin Sales:  For 2015/2016, the current optional origin outstanding balance is 334,000 MT, all unknown destinations.   For 2016/2017, the current outstanding balance is 65,000 MT, all Taiwan. 

Barley: Net sales of 100 MT for 2016/2017 were reported for Taiwan.  There were no exports reported during the week. 

Sorghum:  Net sales reductions of 800 MT for 2015/2016 were reported for Mexico.  For 2016/2017, net sales of 68,900 MT were reported for unknown destinations (58,000 MT) and Mexico (10,900 MT).  Exports of 2,300 MT were down 97 percent from the previous week and 99 percent from the prior 4-week average.  The destinations were Mexico (2,200 MT) and Indonesia (100 MT).  

Rice:  Net sales of 52,000 MT for 2016/2017 were reported for Turkey (25,900 MT), Honduras (8,100 MT), South Korea (4,900 MT), Guatemala (4,500 MT), and El Salvador (3,000 MT).  Exports of 45,400 MT were reported to Mexico (14,400 MT), Japan (11,000 MT), Haiti (7,100 MT), Canada (2,500 MT), and South Korea (2,300 MT).   

Exports for Own Account:  The current exports for own account outstanding balance is 100 MT, all Canada. 

Exports Adjustments:  Accumulated exports to South Korea were adjusted down 4,855 MT for week ending August 11th.  The total was entered back as new sales and is included in this week’s report. 

Soybeans:  Net sales of 115,100 MT for 2015/2016 were down 35 percent from the previous week and 48 percent from the prior 4-week average.  Increases were for the Netherlands (285,700 MT, including 280,000 MT switched from unknown destinations and decreases of 5,200 MT), China (124,100 MT switched from unknown destinations), Japan (49,800 MT switched from unknown destinations), Singapore (15,000 MT), and Indonesia (10,200 MT).  Reductions were reported for unknown destinations (397,500 MT).  For 2016/2017, net sales of 1,939,600 MT were reported primarily for China (1,001,000 MT), unknown destinations (771,000 MT), South Korea (55,000 MT), and Japan (40,000 MT).  Exports of 869,000 MT were unchanged from the previous week, but up 8 percent from the prior 4-week average.  The primary destinations were China (349,600 MT), the Netherlands (285,700 MT), Mexico (91,100 MT), Japan (54,400 MT), and Malaysia (21,000 MT).

Optional Origin Sales:  For 2015/2016, options were exercised to export 123,000 MT to China from the United States.  Options were exercised to export 60,000 MT to China from other than the United States.  Decreases totaling 120,000 MT were reported for China.  The current outstanding sales balance is 120,000 MT, all China.  For 2016/2017, decreases totaling 63,000 MT were reported for 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 64,400 MT for 2015/2016 were down 47 percent from the previous week and 21 percent from the prior 4-week average.  Increases were reported for unknown destinations (28,000 MT), Canada (9,200 MT), Japan (7,000 MT), Peru (6,500 MT), and the Philippines (6,200 MT, including 2,000 MT switched from unknown destinations).  Reductions were reported for Colombia (1,600 MT), Mexico (1,100 MT), and Venezuela (200 MT).  For 2016/2017, net sales of 149,400 MT reported primarily for unknown destinations (48,200 MT), the Philippines (46,000 MT), Colombia (16,200 MT), and Mexico (15,000 MT), were partially offset by reductions for Nicaragua (900 MT).  Exports of 128,400 MT were down 5 percent from the previous week and 21 percent from the prior 4-week average.  The primary destinations were Mexico (63,000 MT), Peru (27,500 MT), Canada (10,700 MT), Venezuela (6,800 MT), and Colombia (4,400 MT).

Optional Origin Sales:  For 2015/2016, the current optional origin outstanding sales balance is 36,000 MT, all unknown destinations.

Soybean Oil:  Net sales of 3,700 MT for 2015/2016 were down 7 percent from the previous week and 63 percent from the prior 4-week average.  Increases were reported for Mexico (3,000 MT) and Canada (500 MT).  Exports of 10,700 MT were up 79 percent from the previous week, but down 48 percent from the prior 4-week average.  The primary destinations were Mexico (6,100 MT), Guatemala (3,900 MT), and Canada (600 MT).

Cotton:  Net sales of 275,900 RB for 2016/2017 reported for China (63,500 RB, including 3,100 RB switched from Vietnam), Pakistan (53,600 RB, including 6,800 RB switched from Honduras and 1,400 RB switched from Nicaragua), Vietnam (33,000 RB, including 200 RB switched from Japan and decreases of 100 RB), Thailand (29,700 RB), and Indonesia (23,200 RB), were partially offset by reductions for Honduras (6,800 RB) and Nicaragua (1,400 RB).   For 2017/2018, net sales of 18,500 RB were reported for South Korea.  Exports of 193,500 RB were reported to Vietnam (61,800 RB), India (22,900 RB), Turkey (19,300 RB), Mexico (14,400 RB), and Indonesia (13,300 RB).  Net sales of Pima totaling 32,100 RB for 2016/2017 were reported for China (23,400 RB, including 400 RB switched from Hong Kong and decreases of 100 RB), India (5,800 RB), Egypt (1,700 RB), Pakistan (900 RB), and Turkey (600 RB).  Reductions were reported for Hong Kong (400 RB) and Japan (300 RB).  For 2017/2018, net sales of 6,100 MT were reported for South Korea.   Exports of 29,100 RB were reported to China (8,500 RB), India (7,800 RB), Pakistan (3,000 RB), Thailand (2,200 RB), and Germany (2,200 RB).

Exports for Own Account:  New exports for own account totaling 7,300 RB were reported to India (4,700 RB), Indonesia (2,200 RB), and Pakistan (400 RB).  Decreases totaling 2,300 RB were reported for India.  The current outstanding balance of 19,800 RB is for India (10,500 RB), Indonesia (8,500 RB), Pakistan (400 RB), and Vietnam (400 RB).

Hides and Skins:  Net sales of 465,600 pieces for 2016 were up 14 percent from the previous week and 26 percent from the prior-4 week average.  Whole cattle hide sales of 466,500 pieces were for China (317,500 pieces), South Korea (87,000 pieces), Mexico (22,100 pieces), Taiwan (17,900 pieces), and Thailand (10,400 pieces).  Reductions were reported for Spain (200 pieces).  Exports of 355,200 pieces were down 26 percent from the previous week and 15 percent from the prior 4-week average.  Whole cattle hide exports of 345,700 pieces were primarily to China (226,000 pieces), South Korea (70,300 pieces), Mexico (19,600 pieces), Thailand (11,400 pieces), and Taiwan (7,300 pieces).  

Net sales of 39,600 wet blues for 2016 were up 3 percent from the previous week, but down 63 percent from the prior 4-week average.  Increases were reported for China (16,700 unsplit and 7,000 grain splits), Thailand (6,400 unsplit), Italy (5,300 unsplit), and Hong Kong (2,600 unsplit).  Reductions were reported for Japan (300 grain splits), the Dominican Republic (100 unsplit), Mexico (100 unsplit), and Hong Kong (100 grain splits).  Exports of 85,300 wet blues were down 37 percent from the previous week and 32 percent from the prior 4-week average.  Exports were primarily to Italy (20,900 unsplit and 3,600 grain splits), China (14,500 unsplit and 7,000 grain splits), and Mexico (7,200 grain splits and 2,900 unsplit).  Net sales of splits totaling 165,500 pounds for 2016 resulted as increases for China (244,600 pounds) and South Korea (8,400 pounds), were partially offset by reductions for Vietnam (32,100 pounds), Hong Kong (31,700 pounds), and Italy (23,700 pounds).  Exports of 684,700 pounds were reported to Vietnam (249,400 pounds), Hong Kong (242,300 pounds), China (100,000 pounds), and South Korea (92,900 pounds). 

Beef:  Net sales of 8,000 MT for 2016 were down 43 percent from the previous week and 53 percent from the prior 4-week average.  Increases were reported for South Korea (2,000 MT), Taiwan (1,400 MT), Mexico (1,200 MT), Hong Kong (1,100 MT), and Japan (900 MT).  For 2017, net sales of 100 MT were reported for Taiwan.  Exports of 13,900 MT were down 5 percent from the previous week and 4 percent from the prior 4-week average.  The primary destinations were South Korea (4,100 MT), Japan (4,100 MT), Mexico (1,700 MT), Hong Kong (1,200 MT), and Taiwan (1,100 MT).

Pork:  Net sales of 27,100 MT for 2016 were up 77 percent from the previous week and 87 percent from the prior 4-week average.  Increases were reported for Mexico (9,100 MT), South Korea (6,600 MT), Japan (6,200 MT), Canada (1,700 MT), and Australia (1,000 MT).  For 2017, net sales of 2,000 MT were reported for Australia.  Exports of 18,200 MT were up 2 percent from the previous week, but unchanged from the prior 4-week average.  The primary destinations were Mexico (7,400 MT), Japan (3,600 MT), Canada (1,400 MT), China (1,400 MT), and South Korea (1,200 MT).

August 25, 2016                                                                      1                                      FOREIGN AGRICULTURAL SERVICE/USDA 

SUMMARY OF EXPORT TRANSACTIONS

Reported Under the Daily Reporting System

for Period Ending August 18, 2016

 

COMMODITY                                        DESTINATION                                QUANTITY (MT)                        MARKETING

                                       CORN                                                     UNKNOWN                                       101,600 MT 1/                             2016/2017

                                       SOYBEANS                                           CHINA                                               500,000 MT 1/                             2016/2017

                                       SOYBEANS                                           UNKNOWN                                       381,000 MT 1/                             2016/2017

                                        

  1/ Export sales.