This summary is based on
reports from exporters for the period April 5-11, 2024.
Wheat:
Net sales reductions of 93,600 metric tons (MT) for 2023/2024 were down
noticeably from the previous week and from the prior 4-week average. Increases
primarily for Indonesia (27,000 MT), Honduras (11,200 MT, including decreases of
1,100 MT), the Philippines (9,900 MT, including decreases of 1,500 MT), the
Leeward-Windward Islands (9,500 MT), and Mexico (8,900 MT, including decreases
of 900 MT), were more than offset by reductions for China (123,700 MT), unknown
destinations (48,000 MT), Nicaragua (16,000 MT), Jamaica (700 MT), and Colombia
(700 MT). Net sales of 222,000 MT for 2024/2025 were primarily for Mexico
(74,200 MT), unknown destinations (65,000 MT), Japan (27,500 MT), Italy (20,000
MT), and the Dominican Republic (17,800 MT). Exports of 487,800 MT were down 22
percent from the previous week, but unchanged from the prior 4-week average. The
destinations were primarily to the Philippines (161,900 MT), China (128,300 MT),
Mexico (58,900 MT), South Korea (40,600 MT), and Taiwan (38,700 MT).
Corn: Net sales of 501,200 MT for 2023/2024 were up 54 percent from the previous week, but down 45 percent from the prior 4-week average. Increases primarily for Colombia (273,700 MT, including 177,500 MT switched from unknown destinations, decreases of 38,600 MT, and 23,000 MT - late), Mexico (87,700 MT, including decreases of 1,000 MT), China (71,500 MT including 65,000 MT switched from unknown destinations), Saudi Arabia (55,000 MT), and Japan (53,500 MT, including 115,000 MT switched from unknown destinations, 63,000 MT switched from South Korea, and decreases of 18,100 MT), were offset by reductions primarily for unknown destinations (78,300 MT) and South Korea (53,200 MT). Total net sales of 65,000 MT for 2024/2025 were for unknown destinations. Exports of 1,546,200 MT were down 7 percent from the previous week, but up 4 percent from the prior 4-week average. The destinations were primarily to Mexico (515,400 MT), Colombia (313,100 MT, including 107,500 MT - late), Japan (293,500 MT), South Korea (192,800 MT), and China (71,500 MT).
Late Reporting: For 2023/2024, net sales totaling 23,000 MT of corn were reported late for Colombia. Exports of 107,500 MT were late to Colombia.
Barley:
No net sales or
exports were reported for the week.
Sorghum:
Net sales reductions of 1,800 MT for 2023/2024 were down noticeably from the
previous week and from the prior 4-week average. Increases reported for Mexico
(8,000 MT), were more than offset by reductions for China (9,800 MT). Exports of
76,200 MT were down 47 percent from the previous week and 38 percent from the
prior 4-week average. The destination was China.
Rice:
Net sales of
5,900 MT for 2023/2024--a marketing-year low--were down 88 percent from the
previous week and 94 percent from the prior 4-week average. Increases were
primarily for Mexico (1,700 MT), Guatemala (1,000 MT), Canada (800 MT, including
decreases of 200 MT), Saudi Arabia (800 MT), and Jordan (600 MT). Total net
sales of 9,500 MT for 2024/2025 were for Mexico. Exports of 51,100 MT were down
16 percent from the previous week and 42 percent from the prior 4-week average.
The destinations were primarily to Colombia (41,100 MT), Canada (4,000 MT),
Mexico (1,600 MT), Japan (1,400 MT), and Jordan (1,000 MT).
Soybeans: Net sales of 485,800 MT for 2023/2024 were up 59 percent from the previous week and 62 percent from the prior 4-week average. Increases primarily for China (131,000 MT, including 121,000 MT switched from unknown destinations and decreases of 600 MT), Mexico (84,500 MT, including decreases of 3,700 MT), Indonesia (77,500 MT, including 68,000 MT switched from unknown destinations and decreases of 2,000 MT), unknown destinations (59,500 MT), and Germany (57,500 MT), were offset by reductions for Venezuela (27,300 MT). Net sales of 263,200 MT for 2024/2025 were reported for unknown destinations (254,000 MT), Taiwan (9,000 MT), and Japan (200 MT). Exports of 481,000 MT were down 5 percent from the previous week and 25 percent from the prior 4-week average. The destinations were primarily to China (196,000 MT), Indonesia (97,100 MT), Germany (57,500 MT), Egypt (55,000 MT), and Mexico (21,400 MT).
Exports for Own Account: For 2023/2024, the current exports for own account outstanding balance of 3,300 MT are for Canada (1,400 MT), Taiwan (900 MT), Bangladesh (500 MT), and Malaysia (500 MT).
Export
Adjustments:
Accumulated
exports of soybeans to the Netherlands were adjusted down 57,500 MT for week
ending March 28th. The correct destination for this shipment is Germany.
Late Reporting:
For 2023/2024, exports totaling 7,200 MT of
soybeans were late to Colombia.
Soybean Cake and
Meal:
Net sales of
129,800 MT for 2023/2024 were down 31 percent from the previous week and 32
percent from the prior 4-week average. Increases primarily for Mexico (64,600
MT, including decreases of 15,600 MT), Ireland (19,500 MT, including 18,000 MT
switched from unknown destinations), the Dominican Republic (17,000 MT), Ecuador
(10,900 MT), and Canada (10,500 MT), were offset by reductions primarily for
unknown destinations (21,900 MT), Colombia (10,500 MT), Nicaragua (4,200 MT),
Morocco (2,400 MT), and Belgium (2,000 MT). Total net sales of 1,000 MT for
2024/2025 were for Canada. Exports of 349,800 MT were up 25 percent from the
previous week and 20 percent from the prior 4-week average. The destinations
were primarily to the Philippines (113,400 MT), Colombia (53,000 MT, including
5,700 MT - late), Mexico (38,500 MT), Canada (35,700 MT), and Ecuador (32,900
MT).
Late Reporting:
For 2023/2024, exports totaling 5,700 MT of soybean cake and meal were
reported late to Colombia.
Soybean Oil:
Net sales of 100
MT for 2023/2024 were down 97 percent from the previous week and 96 percent from
the prior 4-week average. Increases reported for Mexico (400 MT) were offset by
reductions for Canada (200 MT). Exports of 1,700 MT were up 58 percent from the
previous week, but down 81 percent from the prior 4-week average. The
destinations were primarily to Mexico (1,100 MT), Canada (400 MT), and the
United Arab Emirates (100 MT).
Cotton:
Net sales of
Upland totaling 146,100 RB for 2023/2024 were up 79 percent from the previous
week and 64 percent from the prior 4-week average. Increases primarily for China
(92,600 RB, including decreases of 3,500 RB), Pakistan (9,600 RB), Vietnam
(9,000 RB, including 1,800 RB switched from China and 100 RB switched from South
Korea), Bangladesh (5,500 RB), and El Salvador (3,900 RB), were offset by
reductions for Costa Rica (600 RB). Net sales of 80,100 RB for 2024/2025 were
primarily for Honduras (45,100 RB), Peru (10,500 RB), Pakistan (6,600 RB),
Bangladesh (6,600 RB), and Mexico (6,500 RB). Exports of 266,700 RB were down 3
percent from the previous week and 24 percent from the prior 4-week average. The
destinations were primarily to China (112,700 RB), Pakistan (46,700 RB), Vietnam
(36,400 RB), Turkey (27,100 RB), and Mexico (7,600 RB). Net sales of Pima
totaling 2,700 RB for 2023/2024 were down 66 percent from the previous week and
57 percent from the prior 4-week average. Increases reported for India (2,500
RB, including 500 RB switched from Italy), Brazil (400 RB), Bangladesh (200 RB),
Thailand (100 RB), and Vietnam (100 RB), were offset by reductions for Italy
(500 RB) and Japan (100 RB). Exports of 5,900 RB were down 63 percent from the
previous week and 12 percent from the prior 4-week average. The destinations
were primarily to India (3,100 RB), China (700 RB), Brazil (700 RB), Egypt (400
RB), and Italy (300 RB).
Optional Origin
Sales:
For 2023/2024,
the current outstanding balance of 4,400 RB, all Bangladesh. For 2024/2025, the
current outstanding balance of 8,800 RB, all Pakistan.
Exports for Own Account:
For 2023/2024,
new exports for own account totaling 3,400 RB were to China. Exports for own
account totaling 12,000 RB to China (9,000 RB) and Pakistan (3,000 RB) were
applied to new or outstanding sales. The current exports for own account
outstanding balance of 67,200 RB are for China (43,900 RB), Vietnam (14,700 RB),
Pakistan (5,000 RB), South Korea (2,400 RB), and Turkey (1,200 RB).
Hides and Skins:
Net
sales of 333,900 pieces for 2024 were down 19 percent from the previous week and
1 percent from the prior 4-week average. Increases primarily for China (250,800
whole cattle hides, including decreases of 5,200 pieces), Mexico (34,400 whole
cattle hides, including decreases of 600 pieces), South Korea (24,000 whole
cattle hides, including decreases of 400 pieces), Italy (8,600 whole cattle
hides), and Thailand (8,600 whole cattle hides, including decreases of 200
pieces), were offset by reductions for Japan (100 pieces) and Turkey (100
pieces). Exports of 324,000 pieces were down 15 percent from the previous week
and 10 percent from the prior 4-week average. Whole cattle hides exports were
primarily to China (227,000 pieces), Mexico (39,000 pieces), South Korea (26,000
pieces), Vietnam (9,400 pieces), and Brazil (9,000 pieces).
Net sales of 244,300 wet blues
for 2024 were up noticeably from the previous week and up 88 percent from the
prior 4-week average. Increases primarily for China (133,900 unsplit), Vietnam
(86,600 unsplit, including decreases of 100 unsplit), Thailand (8,400 unsplit
and 6,800 grain splits), Brazil (13,300 unsplit, including decreases of 200
grain splits), and Taiwan (7,600 unsplit), were offset by reductions for Italy
(9,100 unsplit and 8,600 grain splits) and Hong Kong (200 unsplit). Total net
sales of 16,000 unsplit for 2025 were for Italy. Exports of 137,000 wet blues
were down 2 percent from the previous week, but down 3 percent from the prior
4-week average. The destinations were primarily to Vietnam (38,500 unsplit),
China (38,000 unsplit), Italy (27,900 unsplit), Thailand (20,300 unsplit), and
Hong Kong (5,800 unsplit). Net sales of 88,300 splits primarily for China
(88,200 pounds), were offset by reductions for Vietnam (1,700 pounds). Exports
of 204,800 splits were primarily to Vietnam (163,500 pounds).
Beef:
Net sales of 17,700 MT for 2024 were up 30
percent from the previous week and 27 percent from the prior 4-week average.
Increases were primarily for South Korea (5,400 MT, including decreases of 400
MT), China (3,600 MT, including decreases of 100 MT), Japan (2,800 MT, including
decreases of 300 MT), Taiwan (2,100 MT, including decreases of 100 MT), and
Mexico (1,800 MT, including decreases of 100 MT). Exports of 16,700 MT--a
marketing-year high--were up 21 percent from the previous week and 20 percent
from the prior 4-week average. The destinations were primarily to Japan (4,700
MT), South Korea (4,600 MT), China (2,800 MT), Mexico (1,400 MT), and Taiwan
(900 MT).
Pork:
Net sales of
21,800 MT for 2024--a marketing-year low--were down 54 percent from the previous
week and 47 percent from the prior 4-week average. Increases were primarily for
Mexico (8,500 MT, including decreases of 300 MT), China (3,000 MT, including
decreases of 100 MT), Japan (2,900 MT, including decreases of 200 MT), Colombia
(1,400 MT, including decreases of 100 MT), and South Korea (1,200 MT, including
decreases of 400 MT). Exports of 41,700 MT were up 18 percent from the previous
week and 22 percent from the prior 4-week average. The destinations were
primarily to Mexico (16,200 MT), Japan (6,500 MT), South Korea (5,600 MT), China
(3,600 MT), and Canada (1,900 MT).
April 18, 2024
1
FOREIGN AGRICULTURAL
SERVICE/USDA
SUMMARY OF EXPORT TRANSACTIONS
REPORTED UNDER THE DAILY SALES REPORTING SYSTEM
FOR PERIOD ENDING APRIL 11, 2024
COMMODITY DESTINATION QUANITY (MT) MARKETING YEAR
SOYBEANS UNKNOWN 248,000 MT 1/ 2023/2024
SOYBEANS UNKNOWN 254,000 MT 1/ 2024/2025
1/ Export sales.