PDF attached

 

                                                                                          Export Sales Highlights  

This summary is based on reports from exporters for the period December 25-31, 2020.

 

Wheat:  Net sales of 275,300 metric tons (MT) for 2020/2021 were down 47 percent from the previous week and from the prior 4-week average.  Increases primarily for Taiwan (82,300 MT), China (55,400 MT), Mexico (33,700 MT, including decreases of 26,800 MT), the Philippines (33,300 MT), and Nigeria (33,000 MT), were offset by reductions primarily for Italy (10,000 MT) and Vietnam (4,000 MT).  For 2020/2021, total net sales of 6,000 MT were for the Philippines.  Exports of 418,700 MT were down 4 percent from the previous week, but up 5 percent from the prior 4-week average.  The destinations were primarily to the Philippines (127,300 MT), Mexico (91,800 MT), China (68,000 MT), Japan (60,800 MT), and Nigeria (47,500 MT). 

Optional Origin Sales:  For 2020/2021, the current outstanding balance of 10,000 MT, all Spain.

Corn:  Net sales of 748,900 MT for 2020/2021 were down 22 percent from the previous week and 39 percent from the prior 4-week average.  Increases primarily for Japan (174,500 MT, including 31,900 MT switched from unknown destinations and decreases of 2,000 MT), unknown destinations (153,000 MT), Mexico (101,300 MT, including 31,000 MT switched from unknown destinations and decreases of 69,500 MT), China (90,400 MT, including 70,000 MT switched from unknown destinations), and Peru (81,000 MT), were offset by reductions for Canada (2,200 MT).  Exports of 1,027,900 MT were down 23 percent from the previous week, but up 7 percent from the prior 4-week average.  The destinations were primarily to China (421,400 MT), Mexico (307,500 MT), Japan (112,600 MT), Colombia (102,300 MT), and Guatemala (28,200 MT). 

Optional Origin Sales:  For 2020/2021, the current outstanding balance of 1,351,400 MT is for South Korea (838,000 MT), unknown destinations (224,000 MT), Taiwan (140,000 MT), China (65,000 MT), Japan (52,000 MT), and Ukraine (32,400 MT). 

Barley:  There were no new sales or exports reported this week.

Sorghum:  Net sales reductions of 300 MT for 2020/2021–a marketing-year low–were down noticeably from the previous week and the prior 4-week average.  Increases reported for China (29,700 MT, including 30,000 MT switched from unknown destinations and decreases of 4,000 MT), were offset by reductions for unknown destinations (30,000 MT).  For 2021/2022, net sales of 98,000 MT were for unknown destinations (68,000 MT) and China (30,000 MT).  Exports of 85,600 MT were down 47 percent from the previous week and 45 percent from the prior 4-week average.  The destination was China.

Rice:  Net sales of 38,400 MT for 2020/2021 were down 18 percent from the previous week and 61 percent from the prior 4-week average.  Increases reported for Mexico (23,000 MT), Haiti (6,900 MT, including decreases of 15,400 MT), Canada (3,700 MT), Japan (2,300 MT), and Saudi Arabia (1,100 MT), were offset by reductions for Venezuela (1,200 MT).  Exports of 102,700 MT were up 13 percent from the previous week and 22 percent from the prior 4-week average.  The destinations were primarily to Venezuela (29,500 MT), Mexico (26,400 MT), Haiti (22,200 MT), South Korea (16,800 MT), and Canada (2,100 MT).

Soybeans:  Net sales of 37,000 MT for 2020/2021–a marketing-year low–were down 95 percent from the previous week and 94 percent from the prior 4-week average.  Increases primarily for China (369,000 MT, including 462,000 MT switched from unknown destinations, 66,000 MT switched from South Korea, and decreases of 346,800 MT), Germany (122,700 MT), Spain (72,500 MT, including 65,000 MT switched from unknown destinations), Pakistan (70,100 MT, including 66,000 MT switched from unknown destinations), and Portugal (60,500 MT, including 60,000 MT switched from unknown destinations), were offset by reductions primarily for unknown destinations (769,500 MT).  For 2021/2022, net sales of 79,800 MT were for China (63,000 MT) and Japan (16,800 MT).  Exports of 1,857,000 MT were down 24 percent from the previous week and 26 percent from the prior 4-week average.  The destinations were primarily to China (1,084,400 MT), Mexico (127,300 MT), Germany (122,700 MT), Spain (72,500 MT), and Pakistan (70,100 MT). 

Exports for Own Account:  For 2020/2021, the current exports for own account outstanding balance is 6,100 MT, all Canada.

Export Adjustments:  Accumulated export of soybeans to the Netherlands were adjusted down 69,103 MT for week ending December 10th and 53,558 MT for week ending December 17th.  The correct destination for these shipments is Germany and is included in this week’s report.

Soybean Cake and Meal:  Net sales of 124,100 MT for 2020/2021 were up 63 percent from the previous week, but down 32 percent from the prior 4-week average.  Increases reported for Vietnam (49,100 MT, including 45,000 MT switched from unknown destinations), Bangladesh (45,000 MT), Costa Rica (22,000 MT), Mexico (11,600 MT, including decreases of 9,100 MT), and Canada (9,100 MT), were offset by reductions primarily for unknown destinations (43,900 MT).  For 2021/2022, total net sales of 700 MT were for Canada.  Exports of 280,000 MT were down 2 percent from the previous week, but up 5 percent from the prior 4-week average.  The destinations were primarily to Vietnam (51,200 MT), Denmark (48,000 MT), the Philippines (46,600 MT), Mexico (46,200 MT), and Canada (22,400 MT).

Soybean Oil:  Net sales of 3,500 MT for 2020/2021 primarily for Mexico (1,800 MT), Haiti (1,500 MT), and Colombia (800 MT, including decreases of 200 MT), were offset by reductions primarily for Venezuela (500 MT).  Exports of 11,100 MT were primarily to Colombia (3,300 MT), Costa Rica (3,000 MT), El Salvador (2,000 MT), Haiti (1,500 MT), and Mexico (1,100 MT).

Cotton:  Net sales of 153,100 RB for 2020/2021 were down 47 percent from the previous week and 60 percent from the prior 4-week average.  Increases were primarily for Pakistan (69,500 RB), China (36,700 RB, including 6,600 RB switched from Vietnam, 2,900 RB switched from Hong Kong, and decreases of 14,300 RB), Turkey (24,900 RB), South Korea (6,100 RB), and Japan (5,500 RB), were offset by reductions primarily for Bangladesh (11,900 RB).  Exports of 270,000 RB were down 2 percent from the previous week and 4 percent from the prior 4-week average.  Exports were primarily to China (167,600 RB), Pakistan (28,500 RB), Vietnam (23,600 RB), Bangladesh (9,200 RB), and Indonesia (8,700 RB).  Net sales of Pima totaling 6,200 RB were down 59 percent from the previous week and 63 percent from the prior 4-week average.  Increases were primarily for Vietnam (2,100 RB), India (2,100 RB, including decreases of 1,400 RB), and Austria (1,300 RB).  Exports of 12,400 RB were down 20 percent from the previous week and 37 percent from the prior 4-week average.  The destinations were primarily to China (5,300 RB), Vietnam (2,400 RB), India (1,600 RB), Turkey (1,300 RB), and Pakistan (900 RB). 

Exports for Own Account:  For 2020/2021, new exports for own account totaling 4,400 RB were to China.  The current exports for own account outstanding balance of 4,400 RB is for China.

Hides and Skins: Net sales reductions of hides and skins for 2020 totaling 5,400 pieces, were primarily for China (4,300 pieces), Thailand (400 pieces), Mexico (300 pieces), and South Korea (200 pieces).  In addition, net sales reductions of kip skins for 2020 totaling 100 pieces, were for Italy.  Outstanding sales of hides and skins totaled 2,658,600 pieces on December 31st and were carried over to 2021.  For 2020, hide and skins exports of 244,100 pieces, were primarily to China (168,700 pieces), South Korea (31,500 pieces), and Mexico (21,300 pieces).  In addition, exports of calf skins totaling 5,600 pieces were to Italy and export of kip skins totaling 1,000 pieces were to Italy.  Accumulated exports of hides and skins in 2020 totaled, 21,233,400 pieces, down 2 percent from the prior year’s total of 21,748,100 pieces.

Net sales of 8,900 wet blues for 2020 were reported.  Increases reported for Vietnam (5,200 grain splits), Italy (3,000 unsplit), and Mexico (1,100 grain splits), were offset by reductions for Thailand (300 unsplit).  Outstanding sales of wet blues, grain splits and unsplit, of 537,400 on December 31st and were carried over to 2021.  Exports of 96,100 wet blues were primarily to Vietnam (23,500 unsplit and 5,200 grain splits), Italy (27,200 unsplit), Thailand (17,900 unsplit), and China (12,000 unsplit and 2,100 grain splits).  Accumulated exports in 2020 totaled 6,040,100 wet blues, down 20 percent from the prior year’s total of 7,266,700 wet blues. Net sales of splits for 2020 totaling 1,600 pounds were for Italy (1,400 pounds) and Vietnam (200 pounds).  Outstanding sales of splits totaled 1,226,200 pounds on December 31st were carried over to 2021.  Exports of splits for 2020 totaling 88,400 pounds were to Italy (49,300 pounds) and Vietnam (39,000 pounds).  Accumulated exports of splits in 2020 totaled 16,779,200 pounds, up 7 percent from the prior year’s total of 15,552,200 pounds.

Beef: Net sales reductions of 1,200 MT for 2020 resulting in increases for South Korea (100 MT), were more than offset by reductions primarily for Japan (1,100 MT).  Outstanding sales on December 31st totaled 98,000 MT and were carried over to 2021.  Exports of 12,100 MT were primarily to Japan (3,700 MT), South Korea (3,200 MT), Mexico (1,400 MT), China (1,200 MT), and Taiwan (800 MT).  Accumulated exports for 2020 totaled 851,800 MT, up 3 percent from the 823,500 MT exported in 2019.

Pork: Net sales reductions of 8,600 MT for 2020, resulting in increases for Mexico (3,500 MT) and South Korea (500 MT), were more than offset by reductions primarily for China (11,300 MT) and Japan (700 MT).  Outstanding sales on December 31st totaled 158,000 MT and were carried over to 2021.  Exports of 26,700 MT were primarily to China (9,400 MT), Mexico (7,000 MT), Japan (3,500 MT), South Korea (1,700 MT), and Australia (1,100 MT).  Accumulated exports for 2020 totaled 1,938,000 MT, up 16 percent from the 1,624,000 MT exported in 2019.

 January 7, 2021                                   1             FOREIGN AGRICULTURAL SERVICE/USDA

                 

                                                                                               SUMMARY OF EXPORT TRANSACTIONS
                                                                                 REPORTED UNDER THE DAILY SALES REPORTING SYSTEM
                                                                                                FOR PERIOD ENDING DECEMBER 31, 2020 

 

COMMODITY                        DESTINATION                                QUANITY (MT)                            MARKETING YEAR         

 

 

NO DAILY SALES WERE REPORTED FOR THE PERIOD ENDING DECEMBER 31, 2020.

 

U.S. EXPORT SALES FOR WEEK ENDING 12/31/2020 

 

 

CURRENT MARKETING YEAR

NEXT MARKETING YEAR

COMMODITY

NET SALES

OUTSTANDING SALES

WEEKLY EXPORTS

ACCUMULATED EXPORTS

NET SALES

OUTSTANDING SALES

CURRENT YEAR

YEAR
AGO

CURRENT YEAR

YEAR
AGO

 

THOUSAND METRIC TONS

WHEAT

 

 

 

 

 

 

 

 

   HRW    

23.5

1,459.6

1,439.8

199.1

5,664.8

5,504.5

0.0

22.0

   SRW    

7.6

495.1

525.7

20.1

1,082.3

1,574.8

0.0

145.0

   HRS     

203.8

1,753.4

1,205.3

121.8

4,227.6

4,092.0

0.0

45.0

   WHITE   

41.0

2,647.0

1,075.7

75.2

2,919.0

2,706.0

6.0

26.0

   DURUM  

-0.6

100.8

187.1

2.4

488.9

623.4

0.0

0.0

     TOTAL

275.3

6,455.8

4,433.6

418.7

14,382.6

14,500.6

6.0

238.0

BARLEY

0.0

13.7

30.2

0.0

16.9

28.7

0.0

12.5

CORN

748.9

28,688.1

9,626.9

1,027.9

15,256.3

8,889.6

0.0

757.0

SORGHUM

-0.3

3,102.6

514.7

85.6

1,985.3

592.6

98.0

478.0

SOYBEANS

37.0

15,693.1

7,807.5

1,857.0

39,074.9

21,963.8

79.8

891.6

SOY MEAL

124.1

2,697.4

2,841.8

280.0

3,252.6

2,771.1

0.7

18.9

SOY OIL

3.5

286.0

120.8

11.1

205.1

307.5

0.0

0.6

RICE

 

 

 

 

 

 

 

 

   L G RGH

21.6

201.7

308.8

54.7

787.0

675.1

0.0

0.0

   M S RGH

0.0

16.2

15.3

0.2

12.7

15.5

0.0

0.0

   L G BRN

0.0

9.6

21.0

0.1

22.1

19.6

0.0

0.0

   M&S BR

0.4

45.2

43.9

16.4

50.5

15.3

0.0

0.0

   L G MLD

11.0

70.1

148.0

25.4

295.1

488.6

0.0

0.0

   M S MLD

5.3

181.5

167.1

6.0

196.2

255.2

0.0

0.0

     TOTAL

38.4

524.4

704.1

102.7

1,363.5

1,469.2

0.0

0.0

COTTON

 

THOUSAND RUNNING BALES      

   UPLAND

153.1

6,014.8

7,489.6

270.0

5,523.4

4,136.9

0.0

795.9

   PIMA

6.2

217.5

181.2

12.4

342.4

172.3

0.0

0.7

 

 

Terry Reilly

Senior Commodity Analyst – Grain and Oilseeds

Futures International
One Lincoln Center
18 W 140 Butterfield Rd.

Oakbrook Terrace, Il. 60181

W: 312.604.1366

treilly@futures-int.com

ICE IM:  treilly1

Skype: fi.treilly

 

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