Export Sales Highlights
This summary is based on reports from exporters for the period December 6-12,
2024.
Wheat:
Net sales of 457,900 metric tons (MT) for 2024/2025 were up 58 percent from the
previous week and 16 percent from the prior 4-week average. Increases primarily
for the Philippines (83,000 MT), Venezuela (80,800 MT), Japan (59,300 MT,
including decreases of 800 MT), El Salvador (56,000 MT), and Vietnam (33,500 MT,
including decreases of 5,000 MT), were offset by reductions for Panama (8,200
MT). Exports of 405,700 MT were up noticeably from the previous week and up 49
percent from the prior 4-week average. The destinations were primarily to
Venezuela (80,800 MT), Japan (66,000 MT), Mexico (60,100 MT), Thailand (59,300
MT), and El Salvador (50,000 MT).
Export Adjustments:
Accumulated exports of hard red winter
wheat were adjusted down 32,696 MT to Panama for week ending August 1st. The
correct destination for this shipment is El Salvador of 20,844 MT and 11,852 MT
to Dominican Republic. Accumulated exports of hard red winter wheat were
adjusted down 21,473 MT to Leeward and Windward Islands
for week ending August 29th and down 29,061 for week ending September 12th. The
correct destination for these shipments is Venezuela. Accumulated exports of
hard red spring wheat were adjusted down 12,600 MT to Leeward and Windward
Islands for week ending July 4th and 4,500 MT for week ending August 29th. The
correct destination for these shipments is Venezuela. Accumulated exports of
hard red spring wheat were adjusted down 19,136 MT to Panama for week ending
August 1st. The correct destination for this shipment is El Salvador.
Accumulated exports of white wheat were adjusted down 10,023 MT to Panama for
week ending August 1st. The correct destination for this shipment is El
Salvador. Accumulated exports of durum wheat were adjusted down 6,029 MT to
Leeward and Windward Islands for week ending July 4th and 7,150 MT for week
ending August 29th. The correct destination for these shipments is Venezuela.
Corn:
Net sales of 1,174,600 MT for 2024/2025 were up 24
percent from the previous week, but down 10 percent from the prior 4-week
average. Increases primarily for Mexico (395,500 MT, including 30,000 MT
switched from unknown destinations and decreases of 4,600 MT), Japan (273,100
MT, including 185,000 MT switched from unknown destinations and decreases of
2,900 MT), Colombia (204,800 MT, including 93,000 MT switched from unknown
destinations and decreases of 3,600 MT), Taiwan (139,600 MT), and Spain (136,900
MT, including 131,000 MT switched from unknown destinations), were offset by
reductions for unknown destinations (192,100 MT) and Honduras (25,100 MT). Total
net sales of 2,500 MT for 2025/2026 were for Nicaragua. Exports of 1,054,500 MT
were down 11 percent from the previous week, but up 1 percent from the prior
4-week average. The destinations were primarily to Mexico (325,800 MT), Japan
(206,100 MT), Spain (136,900 MT), Colombia (97,300 MT), and Guatemala (81,200
MT).
Barley:
Total net sales of 100 MT for 2024/2025 were for South Korea. Exports of
700 MT were to Canada (400 MT) and Japan (300 MT).
Sorghum:
Net sales reductions of 59,200 MT for 2024/2025--a
marketing-year low--were
down noticeably from the previous week and from the prior 4-week average.
Increases reported for China (7,800 MT, including 67,000 MT switched from
unknown destinations), were more than offset by reductions for unknown
destinations (67,000 MT). Exports of 142,000 MT were up 92 percent from the
previous week and 38 percent from the prior 4-week average. The destination was
China.
Rice:
Net sales of 103,000 MT for 2024/2025 were up noticeably from the
previous week and up 74 percent from the prior 4-week average. Increases
primarily for Mexico (30,800 MT), Panama (26,000 MT), Haiti (25,000 MT,
including decreases of 200 MT), Taiwan (10,500 MT), and South Korea (5,000 MT),
were offset by reductions for El Salvador (500 MT) and Nicaragua (500 MT).
Exports of 48,000 MT were down 37 percent from the previous week and 35 percent
from the prior 4-week average. The destinations were primarily to Costa Rica
(12,600 MT), El Salvador (8,100 MT), Haiti (7,000 MT), Mexico (6,900 MT), and
Nicaragua (5,500 MT).
Soybeans:
Net sales of 1,424,200 MT for 2024/2025 were up 21 percent from the
previous week, but down 27 percent from the prior 4-week average. Increases
primarily for China (648,200 MT, including 464,000 MT switched from unknown
destinations and decreases of 66,600 MT), unknown destinations (374,500 MT),
Pakistan (65,000 MT), Turkey (64,000 MT), and Egypt (56,400 MT), were offset by
reductions for Libya (27,000 MT), Vietnam (8,700 MT), Italy (4,700 MT), and
Morocco (100 MT). Exports of 1,686,300 MT were down 9 percent from the previous
week and 23 percent from the prior 4-week average. The destinations were
primarily to China (1,041,600 MT), Mexico (176,600 MT), Bangladesh (108,600 MT),
Egypt (63,400 MT), and Vietnam (58,600 MT).
Export for Own Account:
For 2024/2025, the current exports for
own account outstanding balance of 2,500 MT are for Taiwan (1,500 MT),
Bangladesh (500 MT), and Malaysia (500 MT).
Soybean Cake and Meal:
Net
sales of 261,600 MT
for 2024/2025 were up 48 percent from the previous week, but down 14 percent
from the prior 4-week average. Increases primarily for Canada (65,500 MT), the
Philippines (54,300 MT, including 45,000 MT switched from Vietnam),
Mexico (51,200 MT, including decreases of 19,100 MT), Peru (41,000 MT), and
Colombia (26,300 MT, including 23,000 MT switched from unknown destinations and
decreases of 2,900 MT),
were offset by reductions for Vietnam (43,800 MT) and Costa Rica (9,700 MT).
Exports of 375,800 MT were up 27 percent from the previous week and 19 percent
from the prior 4-week average. The destinations were primarily to the
Philippines (98,000 MT), Colombia (72,600 MT), Mexico (42,700 MT), the Dominican
Republic (33,000 MT), and Costa Rica (24,400 MT).
Optional Origin Sales: For
2024/2025, the current outstanding balance of 19,000 MT, all Ecuador.
Late Reporting:
For 2024/2025, net sales totaling 250 MT
were reported late for Qatar. Exports totaling 499 MT were reported late to
Qatar.
Soybean Oil: Net sales of 6,000 MT for 2024/2025 were down 91 percent from the previous week and 90 percent from the prior 4-week average. Increases reported for Mexico (4,800 MT) and the Dominican Republic (1,400 MT), were offset by reductions for Canada (200 MT). Total net sales of 300 MT for 2025/2026 were for Mexico. Exports of 13,000 MT were down 18 percent from the previous week and 30 percent from the prior 4-week average. The destinations were primarily to Venezuela (6,500 MT) and Mexico (5,900 MT).
Cotton:
Net sales of Upland totaling 194,900 RB for 2024/2025 were up 27 percent
from the previous week, but down 19 percent from the prior 4-week average.
Increases primarily for Vietnam (42,400 RB, including 400 RB switched from Hong
Kong), Pakistan (37,000 RB, including decreases of 2,200 RB), Turkey (32,100
RB), Indonesia (16,000 RB, including 200 RB switched from Japan), and Mexico
(11,100 RB), were offset by reductions for Hong Kong (400 RB). Total net sales
of 6,900 RB for 2025/2026 were for Mexico. Exports of 128,600 RB were down 6
percent from the previous week and 10 percent from the prior 4-week average. The
destinations were primarily to Pakistan (25,500 RB), Vietnam (23,800 RB), China
(22,700 RB), Bangladesh (11,700 RB), and Mexico (10,200 RB). Net sales of Pima
totaling 500 RB for 2024/2025--a marketing-year low--were down 93 percent from
the previous week and 94 percent from the prior 4-week average. Increases were
reported for India (200 RB, including decreases of 400 RB), Mexico (200 RB), and
Japan (100 RB). Exports of 12,000 RB were up 84 percent from the previous week
and up noticeably from the prior 4-week average. The destinations were primarily
to India (6,600 RB), Peru (1,700 RB), Egypt (1,100 RB), Pakistan (900 RB), and
China (900 RB).
Optional Origin Sales: For
2024/2025, the current outstanding balance of 8,800 RB, all Pakistan.
Exports for Own Account: For
2024/2025, the current exports for own account outstanding balance of 8,400 RB,
all China.
Hides and Skins:
Net
sales of 372,700 pieces for 2024 were up 46 percent from the previous week and 6
percent from the prior 4-week average. Increases primarily for China (259,500
whole cattle hides, including decreases of 27,800 pieces), Mexico (48,600 whole
cattle hides, including decreases of 5,700 pieces), South Korea (44,100 whole
cattle hides, including decreases of 800 pieces), Thailand (9,000 whole cattle
hides, including decreases of 1,900 pieces), and Turkey (900 whole cattle
hides), were offset by reductions for Italy (500 pieces). In addition, total net
sales of 10,600 kip skins were for Belgium, including decreases of 500 kip
skins. Net sales of 38,400 pieces for 2025 were primarily for China (27,700
whole cattle hides), South Korea (5,700 whole cattle hides), and Mexico (3,000
whole cattle hides). Whole cattle hides exports of 433,900 pieces were up 47
percent from the previous week and 19 percent from the prior 4-week average. The
destinations were primarily to China (331,900 pieces), Mexico (36,200 pieces),
South Korea (30,800 pieces), Thailand (16,700 pieces), and Brazil (4,500
pieces). In addition, exports of 3,800 kip skins were to Belgium
Net sales of 64,300 wet blues for 2024 were
down 6 percent from the previous week and 24 percent from the prior 4-week
average. Increases primarily for Brazil (27,000 unsplit, including decreases of
300 unsplit), Vietnam (22,300 unsplit), China (11,000 unsplit), Mexico (4,200
grain splits), and South Korea (2,700 grain splits), were offset by reductions
for Taiwan (3,300 unsplit), Portugal (700 unsplit), Hong Kong (200 unsplit), and
India (100 unsplit). Net sales of 57,400 unsplit for 2025 were primarily for
Vietnam (40,400 unsplit), China (9,600 unsplit), and Taiwan (4,900 unsplit).
Exports of 151,400 wet blues were up 23 percent from the previous week and 16
percent from the prior 4-week average. The destinations were primarily to
Vietnam (52,300 unsplit), Italy (23,500 unsplit and 3,400 grain splits),
Thailand (22,700 unsplit), China (19,600 unsplit), and Brazil (9,400 unsplit).
Net sales of 3,900 splits were reported for Vietnam (3,300 pounds) and South
Korea (600 pounds). Total net sales reductions of 100 splits for 2025 were for
South Korea. Exports of 155,700 splits were to Vietnam (116,300 pounds) and
South Korea (39,400 pounds).
Beef:
Net sales of 7,200 MT for 2024 were down 35 percent from the previous
week and 5 percent from the prior 4-week average. Increases primarily for South
Korea (2,200 MT, including decreases of 900 MT), Japan (1,200 MT, including
decreases of 1,000 MT), Taiwan (800 MT, including decreases of 100 MT), Mexico
(600 MT), and China (600 MT, including decreases of 400 MT), were offset by
reductions for Indonesia (100 MT). Net sales of 4,400 MT for 2025 were primarily
for Mexico (1,100 MT), South Korea (1,000 MT), Japan (500 MT), Canada (500 MT),
and China (500 MT). Exports of 15,900 MT were up 6 percent from the previous
week and from the prior 4-week average. The destinations were primarily to South
Korea (4,400 MT), Japan (3,200 MT), China (2,800 MT), Taiwan (1,500 MT), and
Mexico (1,400 MT).
Pork:
Net sales of 11,200 MT for 2024 were down 50 percent from the previous
week and 52 percent from the prior 4-week average. Increases primarily for
Mexico (2,800 MT, including decreases of 300 MT), Japan (2,300 MT, including
decreases of 500 MT), Canada (2,100 MT, including decreases of 1,100 MT), South
Korea (1,300 MT), and China (900 MT, including decreases of 200 MT), were offset
by reductions for Colombia (100 MT) and Hong Kong (100 MT). Net sales of 5,800
MT for 2025 primarily for South Korea (2,100 MT), Colombia (1,400 MT), Mexico
(1,300 MT), Japan (500 MT), and Canada (400 MT), were offset by reductions for
China (900 MT). Exports of 31,600 MT were down 7 percent from the previous week,
but unchanged from the prior 4-week average. The destinations were primarily to
Mexico (12,800 MT), Japan (3,800 MT), South Korea (3,700 MT), China (3,100 MT),
and Colombia (2,000 MT).
December 19, 2024
1
FOREIGN AGRICULTURAL SERVICE/USDA
SUMMARY OF EXPORT TRANSACTIONS
REPORTED UNDER THE DAILY SALES REPORTING SYSTEM
FOR PERIOD ENDING DECEMBER 12, 2024
COMMODITY DESTINATION QUANITY (MT) MARKETING YEAR
SOYBEANS UNKNOWN 534,000 MT 1/ 2024/2025
1/ Export sales.