Export Sales Highlights
This summary is based on
reports from exporters for the period May 19-25, 2023.
Wheat:
Net sales reductions of 210,500 metric tons (MT) for 2022/2023--a marketing-year
low--were up noticeably from the previous week, but down noticeably from the
prior 4-week average. Increases primarily for the Dominican Republic (31,800 MT,
including 29,000 MT switched from unknown destinations), Thailand (8,200 MT,
including decreases of 100 MT), Venezuela (1,500 MT), Peru (1,300 MT), and the
Leeward-Windward Islands (200 MT), were more than offset by reductions primarily
for unknown destinations (91,000 MT), Mexico (41,100 MT), Ecuador (41,100 MT),
the Philippines (25,200 MT), and South Korea (23,200 MT). Net sales of 466,500
MT for 2023/2024 were primarily for unknown destinations (115,000 MT), South
Korea (108,000 MT), Mexico (73,700 MT), the Philippines (59,000 MT), and Ecuador
(46,100 MT). Exports of 381,100 MT were down 1 percent from the previous week,
but up 39 percent from the prior 4-week average. The destinations were primarily
to Thailand (128,400 MT), the Dominican Republic (41,800 MT), Mexico (39,800
MT), Japan (35,800 MT), and Venezuela (31,500 MT).
Corn:
Net sales of
186,700 MT for 2022/2023 were down noticeably from the previous week and from
the prior 4-week average. Increases primarily for Mexico (172,400 MT, including
decreases of 16,900 MT), Colombia (76,500 MT, including 45,000 MT switched from
unknown destinations and decreases of 22,500 MT), Saudi Arabia (71,600 MT,
including 70,000 MT switched from unknown destinations), China (70,800 MT,
including 68,000 MT switched from unknown destinations and decreases of 4,000
MT), and Japan (69,500 MT, including 109,500 MT switched from unknown
destinations and decreases of 3,400 MT), were offset by reductions primarily for
unknown destinations (286,900 MT), Honduras (13,800 MT), El Salvador (6,900 MT),
Panama (4,700 MT), and Canada (400 MT). Net sales of 312,600 MT for 2023/2024
were reported for Mexico (207,000 MT), unknown destinations (53,300 MT), Japan
(50,000 MT), Honduras (1,800 MT), and Guatemala (500 MT). Exports of 1,434,800
MT were down 5 percent from the previous week, but up 6 percent from the prior
4-week average. The destinations were primarily to China (465,800 MT), Mexico
(280,900 MT), Japan (198,500 MT), Saudi Arabia (71,600 MT), and South Korea
(69,900 MT).
Barley:
No net sales
were reported for the week. Exports of 200 MT were to South Korea.
Rice: Net sales of 16,800 MT for 2022/2023 were down 45 percent from the previous week and 11 percent from the prior 4-week average. Increases were primarily for Venezuela (5,500 MT), Honduras (5,000 MT), Mexico (4,800 MT), Haiti (600 MT), and Canada (400 MT). Exports of 33,400 MT were up 50 percent from the previous week and 5 percent from the prior 4-week average. The destinations were primarily to Haiti (14,600 MT), Japan (13,200 MT), Mexico (2,100 MT), Canada (1,300 MT), and South Korea (1,000 MT).
Soybeans: Net sales of 123,400 MT for 2022/2023 were up 7 percent from the previous week and 16 percent from the prior 4-week average. Increases primarily for Indonesia (60,200 MT, including 55,000 MT switched from unknown destinations), Mexico (32,300 MT, including decreases of 2,200 MT), Japan (28,900 MT), Colombia (20,900 MT, including 10,000 MT switched from unknown destinations and decreases of 2,200 MT), and Costa Rica (8,500 MT), were offset by reductions for unknown destinations (52,000 MT). Net sales of 301,000 MT for 2023/2024 were reported for China (265,000 MT) and Mexico (36,000 MT). Exports of 230,800 MT were down 20 percent from the previous week and 34 percent from the prior 4-week average. The destinations were primarily to Mexico (95,800 MT, including 10,900 - late), Indonesia (70,200 MT), Japan (22,600 MT), Colombia (17,200 MT), and Costa Rica (13,000 MT).
Optional Origin Sales: For 2022/2023, the current outstanding balance of 300 MT, all South Korea.
Export for Own Account: For 2022/2023, the current exports for own account outstanding balance of 1,600 MT are for Canada (1,400 MT) and Taiwan (200 MT).
Late Reporting: For 2022/2023, decreases of 528 MT of soybeans were late for Mexico. Exports of 10,875 MT of soybeans were late to Mexico.
Soybean Cake and
Meal:
Net sales of
405,400 MT for 2022/2023 were up 19 percent from the previous week and 62
percent from the prior 4-week average. Increases primarily for the Philippines
(235,900 MT, including decreases of 100 MT), Guatemala (41,300 MT), Canada
(36,200 MT), Mexico (34,300 MT), and Venezuela (19,400 MT), were offset by
reductions for Colombia (7,600 MT), Ireland (6,000 MT), and Nicaragua (1,800
MT). Net sales of 61,900 MT for 2023/2024 were primarily for unknown
destinations (60,000 MT) and Mexico (1,000 MT). Exports of 259,300 MT were up 15
percent from the previous week and 11 percent from the prior 4-week average. The
destinations were primarily to Colombia (75,100 MT), the Philippines (51,000
MT), Ecuador (31,600 MT), Mexico (24,000 MT), and the Dominican Republic (19,700
MT).
Soybean Oil:
Net sales of
1,700 MT for 2022/2023 were down 72 percent from the previous week and 68
percent from the prior 4-week average. Increases were for Canada. Total net
sales of 3,200 MT for 2023/2024 were for Canada. Exports of 13,100 MT were up
noticeably from the previous week and from the prior 4-week average. The
destinations were to Mexico (12,600 MT) and Canada (500 MT).
Cotton:
Net sales of 267,800 RB for 2022/2023 were up noticeably from the previous week
and up 44 percent from the prior 4-week average. Increases primarily for China
(221,700 RB, including decreases of 2,400 RB), Turkey (20,800 RB), Vietnam
(13,700 RB, including 2,100 RB switched from South Korea and 700 RB switched
from Japan), Bangladesh (5,300 RB), and Indonesia (3,800 RB, including 900 RB
switched from Japan), were offset by reductions primarily for South Korea (2,100
RB), El Salvador (1,200 RB), and Ecuador (700 RB). Net sales of 76,600 RB for
2023/2024 were primarily for Turkey (43,500 RB), El Salvador (20,900 RB), and
China (8,800 RB). Exports of 283,000 RB were up 5 percent from the previous
week, but down 16 percent from the prior 4-week average. The destinations were
primarily to Turkey (56,200 RB), Pakistan (52,300 RB), Vietnam (48,700 RB),
China (40,000 RB), and Bangladesh (23,300 RB). Net sales of Pima totaling 3,700
RB for 2022/2023 were up 12 percent from the previous week, but down 70 percent
from the prior 4-week average. Increases primarily for Egypt (1,500 RB), Vietnam
(1,500 RB, including 1,000 RB switched from Hong Kong), and India (1,300 RB),
were offset by reductions for Hong Kong (1,000 RB). Exports of 26,700 RB--a
marketing-year high--were up 98 percent from the previous week and 52 percent
from the prior 4-week average. The destinations were primarily to India (13,100
RB), China (7,400 RB), Vietnam (4,100 RB), Pakistan (900 RB), and Peru (400 RB).
Optional Origin Sales: For 2022/2023, the current outstanding balance of 1,100 RB, all Malaysia.
Export for Own Account: For 2022/2023, new exports for own account totaling 3,000 RB were to China. Decreases of 2,900 RB were for China. The current exports for own account outstanding balance of 112,300 RB are for China (80,700 RB), Vietnam (21,500 RB), Pakistan (5,000 RB), South Korea (2,400 RB), India (1,500 RB), and Turkey (1,200 RB).
Export Adjustments:
Accumulated exports of Pima cotton to China were adjusted down 3,004 RB for week
ending May 11th. This shipment was reported in error.
Hides and Skins:
Net sales of 458,400 pieces
for 2023 were up 2 percent from the previous week, but down 1 percent from the
prior 4-week average. Increases primarily for China (326,500 whole cattle hides,
including decreases of 12,800 pieces), Brazil (55,100 whole cattle hides),
Mexico (37,000 whole cattle hides, including decreases of 1,800 pieces), South
Korea (21,000 whole cattle hides, including decreases of 200 pieces), and
Thailand (10,700 whole cattle hides, including decreases of 700 pieces), were
offset by reductions for Spain (100 pieces) and Italy (100 pieces). Net sales
reductions of 900 calf skins were primarily for China (500 calf skins). In
addition, total net sales reductions of 500 kip skins were for Belgium. Exports
of 386,500 pieces were down 22 percent from the previous week and 2 percent from
the prior 4-week average. Whole cattle hides exports were primarily to China
(289,300 pieces), Mexico (56,700 pieces), South Korea (11,700 pieces), Taiwan
(6,100 pieces), and Brazil (3,800 pieces). Exports of 6,800 calf skins were
primarily to Italy (5,200 calf skins). In addition, exports of 3,700 kip skins
were to Belgium (2,400 kip skins) and China (1,300 kip skins).
Net sales of 69,600 wet blues
for 2023 were down 34 percent from the previous week and 45 percent from the
prior 4-week average. Increases were primarily for China (29,100 unsplit), Italy
(13,500 unsplit), Vietnam (11,800 unsplit, including decreases of 100 grain
splits), Thailand (9,000 unsplit), and Mexico (6,400 unsplit). Total net sales
of 3,200 unsplit for 2024 were for Vietnam. Exports of 139,400 wet blues were
down 4 percent from the previous week, but up 18 percent from the prior 4-week
average. The destinations were primarily to Italy (49,300 unsplit), China
(30,700 unsplit), Vietnam (21,300 unsplit and 3,900 grain splits), Brazil
(20,800 unsplit and 2,100 grain splits), and Mexico (6,400 unsplit). Net sales
of 3,500 splits primarily for Hong Kong (7,200 pounds) and China (1,400 pounds),
were offset by reductions for South Korea (4,700 pounds) and Vietnam (900
pounds). Exports of 160,400 pounds were to Vietnam (76,700 pounds), China
(42,400 pounds), and Taiwan (41,300 pounds).
Beef:
Net sales of
18,100 MT for 2023 were down 1 percent from the previous week, but unchanged
from the prior 4-week average. Increases primarily for Japan (5,700 MT,
including decreases of 1,000 MT), South Korea (4,700 MT, including decreases of
1,600 MT), China (3,400 MT, including decreases of 300 MT), Canada (1,200 MT,
including decreases of 500 MT), and Taiwan (1,100 MT, including decreases of 500
MT), were offset by reductions for the United Kingdom (100 MT). Exports of
15,800 MT were down 4 percent from the previous week and 8 percent from the
prior 4-week average. The destinations were primarily to Japan (3,900 MT), South
Korea (3,600 MT), China (2,900 MT), Taiwan (1,900 MT), and Mexico (1,100 MT).
Pork:
Net sales of
22,600 MT for 2023 were down 23 percent from the previous week and 36 percent
from the prior 4-week average. Increases were primarily for Mexico (9,300 MT,
including decreases of 500 MT), Japan (3,900 MT, including decreases of 100 MT),
Canada (2,100 MT, including decreases of 400 MT), Nicaragua (1,600 MT), and
Colombia (1,200 MT). Exports of 33,800 MT were down 12 percent from the previous
week and 10 percent from the prior 4-week average. The destinations were
primarily to Mexico (11,400 MT), Japan (5,100 MT), China (4,300 MT), South Korea
(3,400 MT), and Colombia (2,400 MT).
June 2, 2023
1
FOREIGN AGRICULTURAL
SERVICE/USDA
SUMMARY OF EXPORT TRANSACTIONS
REPORTED UNDER THE DAILY SALES REPORTING SYSTEM
FOR PERIOD ENDING MAY 25, 2023
COMMODITY DESTINATION QUANTITY (MT) MARKETING YEAR
SOYBEAN MEAL PHILIPPINES 225,000 1/ 2022/2023
1/ Export sales.