FI Weekly USDA Export Sales Snapshot 08/26/21

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USDA export Sales

USDA export sales were within expectations for new-crop soybeans at 1.750 million tons that included China (934,500 MT), unknown destinations (587,900), and Mexico (148,600 MT).  There was a small amount of old crop sales for China.  Soybean meal combined old and new-crop export sales were within expectations and shipments were good at 240,300 tons.  Soybean oil sales and shipments were low, as expected.  New-crop corn export sales of 684,00 tons were above the 510,000 tons reported last week and included Mexico (492,000MT), Japan (93,000 MT), and Colombia (51,500 MT).  All-wheat sales were a poor 116,000 tons, a marketing year low, and down from 306,700 tons previous week.  Pork sales were 24,100 tons. 

 

 

 

U.S. EXPORT SALES FOR WEEK ENDING  8/19/21

	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	90.5	1,472.8	1,856.3	248.3	1,778.8	2,636.9	0.0	0.0
SRW	4.1	841.6	638.3	52.0	757.8	446.3	0.0	0.0
HRS	21.1	1,121.8	1,882.5	170.3	1,461.3	1,572.8	0.0	0.0
WHITE	0.2	673.1	1,200.7	204.1	970.1	1,029.1	0.0	0.0
DURUM	0.1	7.4	250.9	1.1	43.2	213.3	0.0	0.0
TOTAL	116.0	4,116.7	5,828.6	675.8	5,011.2	5,898.4	0.0	0.0
BARLEY	0.4	21.4	30.8	1.0	3.9	8.4	0.0	0.0
CORN	6.6	4,151.6	2,333.8	760.5	66,172.6	42,158.0	684.0	19,282.7
SORGHUM	53.1	296.0	229.1	125.9	6,838.6	4,396.1	0.0	1,594.9
SOYBEANS	75.1	2,196.5	4,308.3	260.1	59,963.4	42,975.8	1,750.0	15,615.0
SOY MEAL	61.7	1,406.9	1,284.4	240.3	10,655.3	10,760.7	139.5	1,661.5
SOY OIL	3.0	20.0	139.6	0.5	666.5	1,128.3	0.0	0.7
RICE
L G RGH	38.5	209.9	163.1	50.8	86.9	49.5	0.0	0.0
M S RGH	0.0	8.8	27.9	0.2	0.4	1.0	0.0	0.0
L G BRN	0.1	1.8	8.7	0.4	10.9	2.0	0.0	0.0
M&S BR	22.3	22.3	26.1	0.1	0.3	5.8	0.0	0.0
L G MLD	17.2	167.5	69.4	26.0	52.9	11.9	0.0	0.0
M S MLD	1.4	56.2	52.9	4.4	27.3	34.1	0.0	0.0
TOTAL	79.5	466.6	348.0	81.9	178.6	104.3	0.0	0.0
COTTON		THOUSAND RUNNING BALES
UPLAND	245.1	4,850.5	5,874.1	201.7	613.4	977.7	67.9	643.5
PIMA	14.3	119.2	183.6	8.0	19.3	24.3	0.0	0.0

 

This summary is based on reports from exporters for the period August 13-19, 2021.

Wheat:  Net sales of 116,000 metric tons (MT) for 2021/2022–a marketing-year low–were down 62 percent from the previous week and 67 percent from the prior 4-week average.  Increases primarily for Peru (80,200 MT, including 70,000 MT switched from unknown destinations), the Philippines (47,800 MT, including 42,700 MT switched from unknown destinations and decreases of 800 MT), Thailand (47,000 MT), Nigeria (38,000 MT switched from unknown destinations), and Guatemala (31,200 MT switched from unknown destinations), were offset by reductions primarily for unknown destinations (176,400 MT).  Exports of 675,800 MT–a marketing-year high–were up 14 percent from the previous week and 39 percent from the prior 4-week average.  The destinations were primarily to China (169,100 MT), the Philippines (107,800 MT), Mexico (93,300 MT), South Korea (81,400 MT), and Japan (63,500 MT).

Corn:  Net sales of 6,600 MT for 2020/2021 were down 97 percent from the previous week and 95 percent from the prior 4-week average.  Increases primarily for Mexico (132,000 MT, including decreases of 11,900 MT), Canada (46,900 MT), Guatemala (12,300 MT, including 7,500 MT switched from Nicaragua and 1,100 switched from Costa Rica, and 2,000 MT switched from El Salvador), Taiwan (9,800 MT), and Honduras (7,300 MT, including 7,500 MT switched from Nicaragua, 5,100 MT switched from El Salvador, and decreases of 5,300 MT), were offset by reductions primarily for China (135,200 MT).  For 2021/2022, net sales of 684,000 MT primarily for Mexico (492,000 MT), Japan (93,000 MT), Colombia (51,500 MT), Nicaragua (10,000 MT), and Jamaica (10,000 MT), were offset by reductions for unknown destinations (3,500 MT).  Exports of 760,500 MT were down 8 percent from the previous week and 35 percent from the prior 4-week average.  The destinations were primarily to China (340,800 MT), Mexico (265,800 MT), Nicaragua (30,100 MT), Guatemala (28,100 MT), and Venezuela (25,000 MT). 

Optional Origin Sales:  For 2020/2021, the current outstanding balance of 30,500 MT is for unknown destinations.  For 2021/2022, new optional origin sales of 60,000 MT were reported for unknown destinations.  The current outstanding balance of 110,000 MT is for unknown destinations.

Barley:  Total net sales for 2021/2022 of 400 MT were for Taiwan.  Exports of 1,000 MT were up 65 percent from the previous week and up noticeably from the prior 4-week average.  The destination was to Japan.

Sorghum:  Net sales of 53,100 MT for 2020/2021 were down noticeably from the previous week and from the prior 4-week average.  Increases were primarily for unknown destinations (30,000 MT) and China (16,800 MT, including decreases of 1,300 MT).  Exports of 125,900 MT were up noticeably from the previous week and from the prior 4-week average.  The destination was primarily to China (124,800 MT).

Rice:  Net sales of 79,500 MT for 2021/2022 primarily for Mexico (33,700 MT, including decreases of 1,300 MT), South Korea (22,200 MT), Guatemala (16,400 MT, including 3,000 MT switched from El Salvador), Canada (5,000 MT), and Costa Rica (2,500 MT), were offset by reductions primarily for El Salvador (3,000 MT).  Exports of 81,900 MT were primarily to Mexico (38,000 MT), Haiti (15,200 MT), Nicaragua (10,800 MT), Honduras (5,400 MT), and Guatemala (5,000 MT). 

Exports for Own Account:  For 2021/2022, the current exports for own account outstanding balance is 100 MT, all Canada.

Soybeans:  Net sales of 75,100 MT for 2020/2021 were up 11 percent from the previous week and up noticeably from the prior 4-week average.  Increases primarily for China (90,800 MT, including 68,000 MT switched from unknown destinations and decreases of 1,500 MT), the Netherlands (66,000 MT, including 60,000 MT switched from unknown destinations), Taiwan (21,100 MT), Indonesia (19,700 MT, including decreases of 300 MT), and Vietnam (5,900 MT, including decreases of 100 MT), were offset by reductions primarily for unknown destinations (131,000 MT).  For 2021/2022, net sales of 1,750,000 MT were primarily for China (934,500 MT), unknown destinations (587,900), Mexico (148,600 MT), Taiwan (26,500 MT), and Indonesia (15,400 MT).  Exports of 260,100 MT were up 1 percent from the previous week and 23 percent from the prior 4-week average.  The destinations were primarily to Mexico (76,600 MT), China (71,200 MT), the Netherlands (66,000 MT), Indonesia (12,000 MT), and Colombia (7,100 MT).

Exports for Own Account:  For 2020/2021, the current exports for own account outstanding balance is 5,800 MT, all Canada.

Soybean Cake and Meal:  Net sales of 61,700 MT for 2020/2021–a marketing-year low–were down 14 percent from the previous week and 40 percent from the prior 4-week average.  Increases primarily for Colombia (15,400 MT, including decreases of 10,800 MT), Canada (15,300 MT, including decreases of 200 MT), Mexico (10,700 MT, including decrease of 7,600 MT), Turkey (6,400 MT, including 6,000 MT switched from the United Kingdom), and the Philippines (5,300 MT), were offset by reductions primarily for Honduras (9,500 MT) and the United Kingdom (6,000 MT).  For 2021/2022, net sales of 139,500 MT were primarily for the Philippines (90,000 MT), Canada (33,900 MT), and Colombia (12,000 MT).  Exports of 240,300 MT were up 13 percent from the previous week and 7 percent from the prior 4-week average.  The destinations were primarily to Mexico (80,200 MT), the Philippines (45,300 MT), Colombia (26,400 MT), Turkey (21,400 MT), and Canada (19,300 MT). 

Export Adjustments:  Accumulated exports of soybean cake and meal to Canada were adjusted down 494 MT for the week ending August 12^th.  This shipment was reported in error.

Soybean Oil:  Net sales of 3,000 MT for 2020/2021 were up noticeably from the previous week and up 90 percent from the prior 4-week average.  Increases reported for Canada (3,200 MT), were offset by reductions for the Dominican Republic (300 MT).  Exports of 500 MT were up 15 percent from the previous week, but down 65 percent from the prior 4-week average.  The destination was to Canada.

Cotton:  Net sales of 245,100 RB for 2021/2022 were primarily for El Salvador (67,100 RB), Turkey (61,100 RB), Pakistan (35,000 RB), Honduras (26,500 RB), and Vietnam (14,900 RB, including 5,200 RB switched from China, 300 RB switched from Japan, and decreases of 1,100 RB).  For 2021/2022, net sales of 67,900 RB were primarily for El Salvador (48,000 RB) and Honduras (18,900 RB).  Exports of 201,700 RB were primarily to Pakistan (42,700 RB), Turkey (29,700 RB), Vietnam (27,200 RB), China (26,000 RB), and Mexico (20,900 RB).  Net sales of Pima totaling 14,300 RB were primarily for India (7,600 RB), China (2,200 RB), Turkey (1,700 RB), Peru (1,400 RB), and Thailand (1,000 RB).  Exports of 8,000 RB were primarily to China (1,800 RB), Peru (1,500 RB), Honduras (1,400 RB), India (1,200 RB), and Bangladesh (600 RB).

Optional Origin Sales:  For 2021/2022, new optional origin sales of 8,800 RB were reported for Pakistan.  The current outstanding balance of 8,800 RB is for Pakistan. 

Exports for Own Account:  For 2021/2022, the current exports for own account outstanding balance of 4,800 RB is for China (4,700 RB) and Vietnam (100 RB).

Hides and Skins:  Net sales of 229,600 pieces for 2021 were up 21 percent from the previous week, but down 22 percent from the prior 4-week average.  Increases primarily for China (80,800 whole cattle hides, including decreases of 19,200 pieces), South Korea (62,800 whole cattle hides, including decreases of 1,100 pieces), Thailand (26,800 whole cattle hides, including decreases of 1,000 pieces), Taiwan (18,000 whole cattle hides, including decrease of 500 pieces), and Mexico (16,400 whole cattle hides, including decreases of 100 pieces), were offset by reductions for Turkey (100 whole cattle hides) and Japan (100 whole cattle hides).  Total net sales of 1,300 kip skins were reported for China.  Exports of 554,300 pieces were up 52 percent from the previous week and 46 percent from the prior 4-week average.  Whole cattle hides exports were primarily to China (403,700 pieces), South Korea (54,700 pieces), Mexico (24,900 pieces), Thailand (24,000 pieces), and Ethiopia (12,000 pieces).  In addition, exports of 2,600 kip skins were to China.

Net sales of 121,200 wet blues for 2021 were up 7 percent from the previous week and 39 percent from the prior 4-week average.  Increases primarily for Vietnam (42,300 unsplit), China (30,100 unsplit), Italy (25,400 unsplit, including deceases of 200 unsplit and 100 grain splits), the Dominican Republic (8,800 unsplit and 7,200 grain splits), and Taiwan (6,000 unsplit), were offset by reductions for Mexico (900 unsplit).  Total net sales reductions for 2022 of 16,000 pieces were for Italy.  Exports of 210,800 wet blues were up 43 percent from the previous week and 57 percent from the prior 4-week average.  The destinations were to China (89,900 unsplit), Vietnam (49,400 unsplit), Italy (31,500 unsplit and 7,400 grain splits), Taiwan (11,400 unsplit), and Mexico (8,600 grain splits and 2,500 unsplit).  Net sales of 972,700 splits were reported for Vietnam (800,000 pounds), Taiwan (168,700 pounds), and China (4,000 pounds, including decreases of 1,100 pounds).  Exports of 415,100 pounds were to China (250,400 pounds), Taiwan (84,700 pounds), and Vietnam (80,000 pounds).

Beef:  Net sales of 10,400 MT reported for 2021 were down 6 percent from the previous week and 33 percent from the prior 4-week average.  Increases were primarily for Japan (3,800 MT, including decreases of 500 MT), South Korea (2,500 MT, including decreases of 500 MT), China (1,500 MT, including decreases of 100 MT), Hong Kong (900 MT, including decreases of 200 MT), and Taiwan (600 MT, including 100 MT switched from the Philippines and decreases of 100 MT).  Exports of 18,700 MT were down 5 percent from the previous week and 4 percent from the prior 4-week average.  The destinations were primarily to Japan (5,400 MT), South Korea (5,300 MT), China (3,500 MT), Mexico (1,200 MT), and Taiwan (1,100 MT). 

Pork:  Net sales of 24,100 MT reported for 2021 were up 21 percent from the previous week, but down 14 percent from the prior 4-week average.  Increases primarily for Mexico (14,300 MT, including decreases of 600 MT), Japan (2,400 MT, including decreases of 400 MT), Canada (2,200 MT, including decreases of 600 MT), Colombia (1,300 MT, including decreases of 100 MT), and China (1,300 MT, including decreases of 200 MT), were offset by reductions primarily for the Philippines (1,600 MT).  Exports of 29,900 MT were up 4 percent from the previous week and from the prior 4-week average.  The destinations were primarily to Mexico (14,100 MT), China (4,600 MT), Japan (3,900 MT), South Korea (1,800 MT), and Canada (1,700 MT). 

August 26, 2021                                               1                FOREIGN AGRICULTURAL SERVICE/USDA