This summary is based on reports from exporters for the period August
30-September 5, 2024.
Wheat: Net
sales of 474,900 metric tons (MT) for 2024/2025 were up 40 percent from the
previous week and 11 percent from the prior 4-week average. Increases primarily
for Taiwan (105,400 MT), the Philippines (98,900 MT), South Korea (91,200 MT,
including decreases of 2,000 MT), Japan (63,700 MT), and Mexico (54,000 MT,
including decreases of 2,200 MT), were offset by reductions for Brazil (30,000
MT) and Jamaica (1,500 MT). Total net sales reductions
of 200 MT for 2025/2026 were for South Korea. Exports of 542,200 MT were
down 15 percent from the previous week and 1 percent from the prior 4-week
average. The destinations were primarily to the Philippines (103,900 MT), Mexico
(98,600 MT), Taiwan (89,100 MT), Indonesia (78,600 MT), and South Korea (72,200
MT).
Corn:
Net sales of 666,500 MT for the 2024/2025 marketing year, which began September
1, were primarily for Mexico (180,300 MT, including 31,000 MT switched from
unknown destinations and decreases of 26,300 MT), unknown destinations (167,900
MT), Japan (81,200 MT, including 19,200 MT switched from unknown destinations),
Colombia (78,900 MT, including 32,000 MT switched from unknown destinations and
decreases of 1,700 MT), and South Korea (68,000 MT). A total of 1,453,800 MT in
sales were carried over from the 2023/2024 marketing year, which ended August
31. Exports for the period ending August 31, of 267,400 MT brought accumulated
exports to 54,277,300 MT, up 38 percent from the prior year’s total of
39,469,100 MT. The destinations were primarily to Spain (119,700 MT), Portugal
(70,500 MT), Mexico (40,000 MT), Ireland (20,100 MT), and Honduras (13,500 MT).
Exports for September 1 of 558,600 MT were primarily to Mexico (367,800 MT),
Colombia (63,400 MT), Spain (53,900 MT), Portugal (33,000 MT), and Japan (19,200
MT).
Optional Origin Sales:
For 2024/2025, new optional origin sales of 7,700 MT reported for Canada
were carried over from the 2023/2024 marketing year. Decreases of 900 MT were
for Canada. The optional origin sales of 57,700 MT are for Japan (50,000 MT) and
Canada (7,700 MT), which ended August 31. The current optional origin of 7,700
MT for September 1 is for Canada.
Barley:
Total net sales of 1,600 MT for 2024/2025 were for Canada. No exports were
reported for the week.
Sorghum:
Total net sales of 71,900 MT for the 2024/2025 marketing year, which began
September 1, were for China (including decreases of 100 MT). A total of 8,600 MT
in sales were carried over from the 2023/2024 marketing year, which ended August
31. Exports for the period ending August 31, of 1,000 MT brought accumulated
exports to 5,914,700 MT, up noticeably from the prior year’s total of 2,353,800
MT. The destination was China. Exports for September 1st of 1,900 MT were to
China.
Rice:
Net sales of 61,900 MT for 2024/2025 were up 52 percent from the previous week
and 62 percent from the prior 4-week average. Increases were primarily for Japan
(28,000 MT), Haiti (21,600 MT), Canada (5,500 MT), Jordan (4,100 MT), and
Honduras (1,000 MT, including decreases of 500 MT). Exports of 61,000 MT were up
97 percent from the previous week and 55 percent from the prior 4-week average.
The destinations were primarily to South Korea (25,300 MT), Japan (12,000 MT),
Haiti (9,300 MT), Honduras (5,500 MT), and Jordan (2,600 MT).
Soybeans:
Net sales of 1,474,000 MT for 2024/2025 marketing year, which began
September 1, primarily for China (962,600 MT, including 50,000 MT switched from
unknown destinations), unknown destinations (127,500 MT), Mexico (100,000 MT,
including decreases of 100 MT), Argentina (88,400 MT), and Indonesia (68,300 MT,
including 55,000 MT switched from unknown destinations and decreases of 3,800
MT), were offset by reductions for Algeria (45,000 MT), Egypt (2,600 MT), and
Colombia (1,100 MT). A total of 953,800 MT in sales were carried over from the
2023/2024 marketing year, which ended August 31. Exports for the period ending
August 31 of 149,300 MT brought accumulated exports to 44,510,100 MT, down 15
percent from the prior year’s total of 52,207,500 MT. The primary destinations
were Germany (68,800 MT), Algeria (44,000 MT), Mexico (10,300 MT), Taiwan (8,100
MT), and Indonesia (7,900 MT). Exports of 314,200 MT for September 1 were to
Indonesia (66,400 MT), Mexico (54,700 MT), China (51,000 MT), Japan (31,300 MT),
and Tunisia (29,500 MT).
Export for Own Account:
For 2024/2025, new exports for own
account totaling 2,500 MT reported for Taiwan (1,500 MT), Bangladesh (500 MT),
and Malaysia (500 MT) were carried over from the 2023/2024 marketing year, which
ended August 31. The current exports
for own account outstanding balance of 3,900 MT for September 1 are for Taiwan
(1,500 MT), Canada (1,400 MT), Bangladesh (500 MT), and Malaysia (500 MT).
Export Adjustments:
Accumulated exports of soybeans to the Netherlands were adjusted down 68,809 MT
for week ending August 22. The correct destination for this shipment is Germany.
Soybean Cake and Meal:
Net sales reductions of 3,000 MT for 2023/2024 were down noticeably from
the previous week and from the prior 4-week average. Increases primarily for
Colombia (11,500 MT, including 10,000 MT switched from unknown destinations),
Indonesia (3,500 MT), the Philippines (2,300 MT), Japan (1,200 MT, including
decreases of 800 MT), and Trinidad and Tobago (1,200 MT), were more than offset
by reductions primarily for unknown destinations (10,000 MT), Mexico (8,400 MT),
Belgium (3,000 MT), Panama (1,900 MT), and Honduras (300 MT). Net sales of
279,000 MT for 2024/2025 primarily for unknown destinations (75,000 MT), Mexico
(63,200 MT), the Philippines (45,000 MT), Colombia (25,000 MT), and Canada
(24,200 MT), were offset by reductions for Japan (1,600 MT). Exports of 193,300
MT were down 3 percent from the previous week, but up 6 percent from the prior
4-week average. The destinations were primarily to the Philippines (50,600 MT),
Canada (44,100 MT), Panama (24,400 MT), Honduras (23,800 MT), and Colombia
(23,500 MT).
Soybean Oil:
Net sales reductions of 500 MT for 2023/2024 were down noticeably from the
previous week and from the prior 4-week average. Increases reported for Mexico
(800 MT), were more than offset by reductions for Canada (1,300 MT). Net sales
of 1,700 MT for 2025/2026 were for Canada (1,600 MT) and Taiwan (100 MT).
Exports of 4,300 MT were up 86 percent from
the previous week and 6 percent from the prior 4-week average. The destinations
were primarily to Mexico (2,200 MT).
Cotton:
Net sales of Upland totaling 116,100 RB for 2024/2025 were down 44 percent from
the previous week and 15 percent from the prior 4-week average. Increases
primarily for Vietnam (65,700 RB, including 28,400 RB switched from China and
decreases of 3,300 RB), Pakistan (27,500 RB), India (13,400 RB), Bangladesh
(8,200 RB), and Taiwan (6,700 RB), were offset by reductions for China (26,300
RB), Guatemala (2,400 RB), Jamaica (1,300 RB), and Mexico (1,000 RB). Exports of
119,100 RB were down 27 percent from the previous week and 22 percent from the
prior 4-week average. The destinations were primarily to China (28,600 RB),
Vietnam (25,000 RB), Pakistan (16,000 RB), Bangladesh (10,500 RB), and Turkey
(6,900 RB). Net sales of Pima totaling 10,600 RB for 2024/2025 were up 5 percent
from the previous week, but down 32 percent from the prior 4-week average.
Increases were primarily for India (5,400 RB, including decreases of 1,000 RB),
Pakistan (2,900 RB), Peru (1,500 RB), Bangladesh (600 RB), and Japan (200 RB).
Exports of 7,400 RB were up 23 percent from the previous week, but down 3
percent from the prior 4-week average. The destinations were primarily to India
(2,700 RB), Vietnam (1,200 RB), Peru (1,100 RB), Bangladesh (1,000 RB), and
China (500 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 17,200 RB is for China.
Hides and Skins:
Net sales of 437,900 pieces for 2024 were up
21 percent from the previous week and 12 percent from the prior 4-week average.
Increases reported for China (370,100 whole cattle hides, including decreases of
5,800 pieces), South Korea (32,700 whole cattle hides, including decreases of
300 pieces), Mexico (31,200 whole cattle hides, including decreases of 7,700
pieces), Thailand (2,600 whole cattle hides, including decreases of 1,200
pieces), and the Republic of South Africa (700 whole cattle hides), were offset
by reductions for Italy (900 pieces), Brazil (200 pieces), and Taiwan (200
pieces). Total net sales of 2,200 calf skins were for China. In addition, total
net sales reductions of 300 kip skins were for Belgium. Total net sales of 6,400
pieces for 2025 were for Taiwan. Exports of 358,200 pieces were down 6 percent
from the previous week and 9 percent from the prior 4-week average. Whole cattle
hides exports were primarily to China (191,100 pieces), Mexico (52,500 pieces),
South Korea (52,000 pieces), Thailand (28,500 pieces), and Brazil (17,100
pieces). In addition, exports of 2,600 kip skins were to Belgium.
Net
sales of 128,600 wet blues for 2024 were up noticeably from the previous week
and up 6 percent from the prior 4-week average. Increases primarily for Vietnam
(67,800 unsplit, including decreases of 4,300 unsplit), China (50,800 unsplit,
including decreases of 11,200 unsplit), Taiwan (9,300 unsplit), India (6,400
unsplit, including decreases of 100 unsplit), and South Korea (2,800 grain
splits), were offset by reductions primarily for Brazil (8,300 unsplit). Total
net sales of 41,600 wet blues for 2025 were for Vietnam. Exports of 124,400 wet
blues were down 5 percent from the previous week and 11 percent from the prior
4-week average. The destinations were primarily to Vietnam (39,800 unsplit),
Italy (27,000 unsplit and 1,700 grain splits), China (16,600 unsplit), Thailand
(15,400 unsplit), and Brazil (4,900 unsplit). No net sales of splits were
reported for the week. Exports of 45,100 splits were to Vietnam.
Beef:
Net sales of 11,400 MT for 2024 were down 31 percent from the previous week and
41 percent from the prior 4-week average. Increases were primarily for South
Korea (3,200 MT, including decreases of 300 MT), Mexico (1,900 MT, including
decreases of 100 MT), Japan (1,500 MT, including decreases of 200 MT), Canada
(1,100 MT), and Taiwan (1,000 MT, including decreases of 100 MT). Exports of
11,800 MT were down 21 percent from the previous week and 16 percent from the
prior 4-week average. The destinations were primarily to South Korea (3,100 MT),
Japan (2,600 MT), China (1,800 MT), Mexico (1,200 MT), and Taiwan (600 MT).
Pork:
Net sales of 29,700 MT for 2024 were up 43 percent from the previous week and 15
percent from the prior 4-week average. Increases were primarily for Mexico
(14,200 MT, including decreases of 200 MT), Japan (4,300 MT), Colombia (2,400
MT, including decreases of 100 MT), China (2,000 MT, including decreases of 200
MT), and Canada (1,400 MT, including decreases of 700 MT). Total net sales of
100 MT for 2025 were for the Dominican Republic. Exports of 25,700 MT were down
8 percent from the previous week and 10 percent from the prior 4-week average.
The destinations were primarily to Mexico (10,700 MT), Japan (3,800 MT), China
(3,200 MT), Colombia (1,700 MT), and South Korea (1,600 MT).
SUMMARY OF EXPORT TRANSACTIONS
REPORTED UNDER THE DAILY SALES REPORTING SYSTEM
FOR PERIOD ENDING SEPTEM BER 5, 2024
COMMODITY DESTINATION QUANITY (MT) MARKETING YEAR
SOYBEANS CHINA 257,000 MT 1/ 2024/2025
SOYBEANS UNKNOWN 189,700 MT 1/ 2024/2025
1/ Export sales.