Export Sales Highlights   

This summary is based on reports from exporters for the period November 18-24, 2016. 

Wheat:  Net sales of 483,500 metric tons for delivery in marketing year 2016/2017 were down 32 percent from the previous week and 16 percent from the prior 4-week average.  Increases were reported for Indonesia (140,000 MT, switched from unknown destinations), Mexico (86,500 MT, including 8,000 MT switched from unknown destinations), South Korea (61,700 MT), China (60,000 MT, switched from unknown destinations), and Bangladesh (55,000 MT, switched from unknown destinations).  Reductions were reported for unknown destinations (179,700 MT) and Guatemala (100 MT).  For 2017/2018, net sales of 7,000 MT were reported for Mexico.  Exports of 238,400 MT were down 37 percent from the previous week and 36 percent from the prior 4-week average.  The primary destinations were the Philippines (143,700 MT), Morocco (31,800 MT), Colombia (26,200 MT), Mexico (21,500 MT), and South Korea (10,900 MT). 

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

Corn:  Net sales of 761,600 MT for 2016/2017 were down 55 percent from the previous week and 50 percent from the prior 4-week average.  Increases were for Japan (228,300 MT, including 41,100 MT switched from unknown destinations and decreases of 1,000 MT), South Korea (140,900 MT, including 131,000 MT switched from unknown destinations), Mexico (77,800 MT, including decreases of 1,800 MT), Taiwan (66,700 MT, including  decreases of 2,600 MT), and Honduras (63,400 MT, including 12,400 MT switched from unknown destinations and decreases of 6,100 MT).  Reductions were for the Dominican Republic (158,200 MT), Guatemala (17,100 MT), and Morocco (10,000 MT).  Exports of 808,800 MT were up 40 percent from the previous week and 12 percent from the prior 4-week average.  The primary destinations were Mexico (186,700 MT), South Korea (141,900 MT), Japan (119,100 MT), Colombia (61,400 MT), and the Dominican Republic (53,300 MT). 

Optional Origin Sales:  For 2016/2017, the current optional origin outstanding balance of 611,000 MT is for unknown destinations (274,000 MT), South Korea (272,000 MT), and Taiwan (65,000 MT). 

Export Adjustments:  Accumulated exports of corn to Honduras were adjusted down 14,172 MT for week ending November 17th.  The correct destination is Nicaragua and is included in this week’s report.   

Barley: No net sales were reported for the week.  Exports of 100 MT were reported to South Korea. 

Sorghum: Net sales of 227,000 MT were down 22 percent from the previous week and 34 percent from the prior 4-week average.  Increases were reported for China (162,500 MT, including 56,000 MT switched from unknown destinations) and unknown destinations (64,500 MT).  Exports of 59,200 MT were down 48 percent from the previous week and 6 percent from the prior 4-week average.  The destinations were China (56,500 MT), Nigeria (1,800 MT), and Mexico (900 MT). 

Rice:  Net sales of 18,500 MT for 2016/2017--a marketing-year low--were down 64 percent from the previous week and 72 percent from the prior 4-week average.  Increases were reported for Mexico (10,000 MT), Taiwan (6,600 MT, including decreases of 400 MT), Guinea-Conakry (1,100 MT), Canada (800 MT), and Saudi Arabia (700 MT).  Reductions were reported for Jordan (1,400 MT).  Exports of 61,200 MT were up 24 percent from the previous week, but down 5 percent from the prior 4-week average.  The primary destinations were Venezuela (30,000 MT), Japan (14,500 MT), Saudi Arabia (6,400 MT), South Korea (3,900 MT), and Mexico (3,300 MT).  

Exports for Own Account:  The current exports for own account outstanding balance totals 200 MT, all Canada.

Soybeans:  Net sales of 1,399,000 MT for 2016/2017 were down 26 percent from the previous week and 17 percent from the prior 4-week average.  Increases were reported for China (1,079,900 MT, including 507,000 MT switched from unknown destinations and decreases of 25,700 MT), the Netherlands (85,000 MT, including 80,000 MT switched from unknown destinations and decreases of 2,000 MT), Mexico (79,400 MT, including decreases of 100 MT), Spain (73,100 MT, including 131,300 MT switched from unknown destinations and decreases of 64,500 MT), and Egypt (60,000 MT).  Reductions were reported for unknown destinations (253,700 MT) and Malaysia (5,000 MT).  For 2017/2018, net sales of 66,000 MT were reported for unknown destinations.  Exports of 2,383,600 MT were down 15 percent from the previous week and 17 percent from the prior 4-week average.  The primary destinations were China (1,876,800 MT), the Netherlands (85,000 MT), Spain (73,100 MT), Portugal (57,800 MT), and South Korea (57,300 MT). 

Optional Origin Sales:  For 2016/2017, the current optional origin sales outstanding balance of 180,000 MT is for China.  

Exports for Own Account:  New exports for own account totaling 77,600 MT were reported to Canada.  Exports totaling 64,700 MT to Canada were applied to new or outstanding sales.  The current outstanding balance of 20,300 MT is for Canada. 

Soybean Cake and Meal:  Net sales of 150,400 MT for 2016/2017 were down 33 percent from the previous week and 46 percent from the prior 4-week average.  Increases were reported for Mexico (77,600 MT, including decreases of 2,100 MT), Honduras (27,600 MT, including 5,600 MT switched from unknown destinations), Nicaragua (12,800 MT, including 200 MT switched from Guatemala), Canada (11,700 MT), and Panama (8,700 MT, including 9,000 MT switched from unknown destinations and decreases of 300 MT).  Reductions were for Taiwan (1,300 MT), the Dominican Republic (1,000 MT), and Guatemala (1,000 MT).   Exports of 144,100 MT were down 39 percent from the previous week and 27 percent from the prior 4-week average.   The primary destinations were Mexico (32,700 MT), the Philippines (25,900 MT), Honduras (17,200 MT), Colombia (14,800 MT), and Algeria (10,800 MT). 

Soybean Oil:  Net sales of 54,500 MT for 2016/2017--a marketing-year high--were up noticeably from the previous week and from the prior 4-week average.  Increases were reported for China (30,000 MT), South Korea (10,000 MT), the Dominican Republic (5,800 MT), Mexico (4,700 MT), and Colombia (2,000 MT).  Exports of 5,500 MT were down 91 percent from the previous week and 76 percent from the prior 4-week average.  The primary destinations were Mexico (3,200 MT), Canada (2,100 MT), and Belgium (100 MT). 

Cotton:  Net upland sales of 202,300 RB for 2016/2017 were down 21 percent from the previous week, but up 1 percent from the prior 4-week average.  Increases were reported for Vietnam (84,600 RB, including 100 RB switched from Japan), China (22,500 RB), Bangladesh (19,700 RB), Japan (14,200 RB, including decreases of 400 RB), and South Korea (12,200 RB).    Reductions of 300 RB were reported for Costa Rica.  Exports of 131,300 RB were down 1 percent from the previous week, but up 7 percent from the prior 4-week average.  The primary destinations were China (36,800 RB), Vietnam (30,500 RB), Indonesia (12,300 RB), Mexico (12,200 RB), and South Korea (7,100 RB).  Net sales of Pima totaling 4,900 RB for 2016/2017 were up 13 percent from the previous week, but down 23 percent from the prior 4-week average.   Increases were reported primarily for India (2,500 RB), Egypt (1,300 RB), Japan (500 RB), Bangladesh (300 RB), and South Korea (300 RB).  Exports of 14,500 RB were up 21 percent from the previous week and 20 percent from the prior 4-week average.  The destinations were primarily India (7,500 RB), Vietnam (2,500 RB), China (2,200 RB), and Pakistan (1,100 RB). 

Exports for Own Account:  New exports for own account totaling 3,900 RB were reported to Bangladesh (1,800 RB), Indonesia (1,800 RB), and Vietnam (400 RB).  Exports to Vietnam (400 RB) were applied to new or outstanding sales.  Decreases were reported to Indonesia (400 RB).  The current outstanding balance of 47,600 RB is for China (15,100 RB), Taiwan (10,200 RB), Indonesia (10,200 RB), Vietnam (4,600 RB), South Korea (3,500 RB), Bangladesh (1,800 RB), India (1,400 RB), Pakistan (500 RB), and (Thailand 300 RB).  

Hides and Skins:  Net sales of 207,700 pieces, all whole cattle hides, reported for delivery in 2016 were down 46 percent from the previous week and 45 percent from the prior 4-week average.  Increases were reported for China (167,600 pieces, including decreases of 8,000 pieces), Thailand (14,700 pieces), South Korea (11,800 pieces, including decreases of 800 pieces), Mexico (5,400 pieces, including decreases of 100 pieces), and Taiwan (3,400 pieces, including decreases of 500 pieces).  Exports of 380,400 pieces were down 2 percent from the previous week and 11 percent from the prior 4-week average.  Whole cattle hide exports of 379,100 pieces were primarily to China (247,500 pieces), South Korea (83,900 pieces), Mexico (15,900 pieces), Taiwan (10,400 pieces), and Japan (10,200 pieces).   

Net sales of 7,700 wet blues for 2016 were down 96 percent from the previous week and from the prior 4-week average.  Increases were reported for China (16,100 unsplit), Italy (12,700 unsplit), Mexico (6,000 grain splits), India (1,800 unsplit), and the Dominican Republic (1,000 unsplit).  Reductions were reported for China (29,300 grain splits), South Korea (600 grain splits), Taiwan (300 unsplit), and Hong Kong (200 grain splits).    Exports of 107,600 wet blues were down 46 percent from the previous week and 29 percent from the prior 4-week average.  Exports were primarily to China (26,700 unsplit and 17,000 grain splits), Mexico (13,600 grain splits), Hong Kong (11,700 grain splits), and Taiwan (8,600 unsplit).  Net sales of splits totaling 176,600 pounds for 2016 were reported for China (100,000 pounds), South Korea (54,000 pounds), Taiwan (40,000 pounds), and Hong Kong (5,900 pounds).  Reductions were reported for Vietnam (16,400 pounds) and Italy (6,900 pounds).  Exports of 375,100 pounds were up 12 percent from the previous week and 17 percent from the prior 4-week average.  The destinations were Vietnam (289,800 pounds), Hong Kong (82,300 pounds), and South Korea (3,000 pounds).

Beef:  Net sales of 21,100 MT for 2016 were up 63 percent from the previous week and 68 percent from the prior 4-week average.  Increases were reported for Japan (13,900 MT, including decreases of 4,000 MT), South Korea (3,000 MT, including decreases of 600 MT), Mexico (2,400 MT), Taiwan (800 MT), and Canada (600 MT, including decreases of 200 MT).  Reductions were reported for Hong Kong (100 MT).  For 2017, net sales reductions of 3,000 MT resulted as increases for South Korea (800 MT) and Taiwan (300 MT), were more than offset by reductions for Japan (4,100 MT) and Hong Kong (100 MT).  Exports of 15,000 MT were down 20 percent from the previous week, but up 3 percent from the prior 4-week average.  The primary destinations were South Korea (4,800 MT), Japan (3,800 MT), Hong Kong (2,000 MT), Mexico (1,700 MT), and Canada (1,100 MT).

Pork:  Net sales of 8,900 MT for 2016 were down 60 percent from the previous week and 55 percent from the prior 4-week average.  Increases were reported for Japan (3,500 MT), South Korea (1,600 MT), Mexico (1,500 MT), Canada (1,100 MT), and Hong Kong (300 MT).  For 2017, net sales of 700 MT were primarily for Colombia (500 MT) and Hong Kong (200 MT).  Exports of 22,600 MT were up 1 percent from the previous week and 2 percent from the prior 4-week average.  The primary destinations were Mexico (9,300 MT), Japan (3,800 MT), South Korea (2,200 MT), Canada (1,400 MT), and Colombia (1,300 MT).

December 1, 2016                                               1                                      FOREIGN AGRICULTURAL SERVICE/USDA

Reported Under the Daily Reporting System

November 24, 2016 

COMMODITY                                DESTINATION                              QUANTITY (MT)                 MARKETING

                                                                SOYBEAN OIL                                CHINA                                            30,000 MT 1/                       2016/2017

                                                              

                                                                1/ Export sales.