PDF attached

 

USDA export sales

 

 

 

U.S. EXPORT SALES FOR WEEK ENDING  10/7/21

 

 

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    

244.7

1,546.4

1,533.4

216.2

3,055.4

4,096.7

0.0

0.0

   SRW    

30.3

609.3

317.9

93.1

1,186.5

876.4

0.0

0.0

   HRS     

190.9

955.3

1,530.0

87.5

2,320.2

2,825.8

0.0

0.0

   WHITE   

101.8

592.5

1,450.0

62.1

1,588.2

1,876.9

0.0

0.0

   DURUM  

0.0

60.5

220.6

0.0

61.4

321.6

0.0

0.0

     TOTAL

567.6

3,764.0

5,051.9

458.9

8,211.6

9,997.4

0.0

0.0

BARLEY

0.0

24.5

33.2

0.0

5.7

8.9

0.0

0.0

CORN

1,039.9

24,206.3

22,010.1

918.1

3,414.8

4,492.9

3.6

336.9

SORGHUM

2.5

2,130.5

2,541.8

62.3

225.8

393.4

0.0

0.0

SOYBEANS

1,147.8

22,760.5

34,217.2

1,713.8

3,629.2

8,906.7

0.0

19.8

SOY MEAL

365.4

3,753.4

3,361.9

301.0

301.0

257.3

0.7

30.5

SOY OIL

19.8

104.5

159.8

0.5

0.5

18.4

0.0

0.0

RICE

 

 

 

 

 

 

 

 

   L G RGH

29.6

220.5

543.6

8.2

235.9

78.8

0.0

0.0

   M S RGH

0.0

7.5

26.5

0.2

1.7

2.4

0.0

0.0

   L G BRN

0.6

3.8

11.3

0.5

15.0

9.0

0.0

0.0

   M&S BR

0.1

54.3

23.0

0.1

14.1

25.4

0.0

0.0

   L G MLD

1.5

135.8

61.2

3.4

142.1

66.7

0.0

0.0

   M S MLD

2.1

68.1

98.4

3.6

72.6

72.1

0.0

0.0

     TOTAL

33.9

490.0

764.1

15.9

481.3

254.4

0.0

0.0

COTTON

 

THOUSAND RUNNING BALES      

   UPLAND

146.7

5,881.4

5,728.2

95.2

1,735.8

2,505.0

10.6

752.4

   PIMA

6.4

166.2

232.4

10.6

69.0

115.8

0.0

0.0

 

This summary is based on reports from exporters for the period October 1-7, 2021. 

Wheat:  Net sales of 567,600 metric tons (MT) for 2021/2022 were up 70 percent from the previous week and 42 percent from the prior 4-week average.  Increases primarily for the Philippines (142,000 MT), Mexico (127,800 MT, including decreases of 400 MT), Taiwan (49,600 MT), Nigeria (45,100 MT, including decreases of 1,700 MT), and El Salvador (42,300 MT), were offset by reductions primarily for the Dominican Republic (6,500 MT).  Exports of 458,900 MT were down 16 percent from the previous week and 5 percent from the prior 4-week average.  The destinations were primarily to Japan (125,800 MT), Colombia (103,400 MT), China (68,000 MT), Nigeria (48,100 MT), and Taiwan (34,300 MT). 

Corn:  Net sales of 1,039,900 MT for 2021/2022 were down 18 percent from the previous week, but up 85 percent from the prior 4-week average.  Increases primarily for Mexico (790,200 MT, including decreases of 21,400 MT), Guatemala (102,600 MT, including 17,400 MT switched from Panama, 8,800 MT switched from unknown destinations, and decreases of 2,500 MT), Japan (70,400 MT, including 28,300 MT switched from unknown destinations), Costa Rica (51,700 MT, including 12,900 MT switched from Nicaragua, 7,800 MT switched from Guatemala, and decreases of 5,500 MT), and Colombia (49,600 MT, including 33,000 MT switched from unknown destinations and decreases of 30,900 MT), were offset by reductions primarily for unknown destinations (53,100 MT) and Panama (26,700 MT).  Net sales of 3,600 MT for 2022/2023 resulting in increases for Costa Rica (3,900 MT), were offset by reductions for Canada (400 MT).  Exports of 918,100 MT were down 6 percent from the previous week, but up 58 percent from the prior 4-week average.  The destinations were primarily to Mexico (365,900 MT), China (137,500 MT), Colombia (131,000 MT), Honduras (56,800 MT), and Guatemala (56,700 MT). 

Optional Origin Sales:  For 2021/2022, new optional origin sales of 130,000 MT were reported for unknown destinations.  The current outstanding balance of 300,000 MT is for unknown destinations. 

Barley:  No net sales or exports were reported for the week. 

Sorghum:  Total net sales of 2,500 MT for 2021/2022 were up 6 percent from the previous week, but down 98 percent from the prior 4-week average.  The destination reported was China.  Exports of 62,300 MT were up 30 percent from the previous week and 52 percent from the prior 4-week average.  The destinations were to China (59,900 MT) and Mexico (2,400 MT).  

Rice:  Net sales of 33,900 MT for 2021/2022 were down 54 percent from the previous week and 35 percent from the prior 4-week average.  Increases were primarily for Mexico (29,600 MT), Canada (3,600 MT, including decreases of 200 MT), Guatemala (200 MT, including decreases of 100 MT), the United Kingdom (200 MT), and Guam (100 MT).  Exports of 15,900 MT were down 74 percent from the previous week and 71 percent from the prior 4-week average.  The destinations were primarily to Guatemala (5,700 MT), Canada (4,200 MT), Mexico (3,200 MT), Saudi Arabia (700 MT), and Jordan (500 MT).  

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

Soybeans:  Net sales of 1,147,800 MT for 2021/2022 were up 10 percent from the previous week and 9 percent from the prior 4-week average. Increases primarily for China (640,000 MT, including 264,000 MT switched from unknown destinations and decreases of 5,100 MT), Mexico (273,800 MT, including decreases of 600 MT), Egypt (102,500 MT, including 52,000 MT switched from unknown destinations), the Netherlands (68,000 MT, including 65,000 MT switched from unknown destinations and decreases of 3,000 MT), and Bangladesh (57,400 MT, including 55,000 MT switched from unknown destinations), were offset by reductions for unknown destinations (186,400 MT).  Exports of 1,713,800 MT were up 82 percent from the previous week and up noticeably from the prior 4-week average.  The destinations were primarily to China (1,285,500 MT), Taiwan (71,500 MT), Mexico (68,900 MT), the Netherlands (68,000 MT), and Bangladesh (57,400 MT). 

Export for Own Account: For 2021/2022, the current exports for own account outstanding balance is 5,800 MT, all Canada. 

Export Adjustments:  Accumulated export of soybeans to the Netherlands were adjusted down 86,296 MT for week ending September 23rd.  The correct destination for this shipment is Germany.   

Soybean Cake and Meal:  Net sales of 365,400 MT for 2021/2022 primarily for Ecuador (127,800 MT), Canada (74,600 MT, including decreases of 3,800 MT), the Philippines (51,100 MT), Colombia (43,700 MT, including 20,800 MT switched from unknown destinations and decreases of 12,200 MT), and Guatemala (34,100 MT, including 9,600 MT switched from Panama, 6,200 MT switched from El Salvador, 6,000 MT switched from Nicaragua, and decreases of 1,100 MT), were offset by reductions primarily for the United Kingdom (60,000 MT) and Panama (13,900 MT).  Total net sales for 2022/2023 of 700 MT were for Canada.  Exports of 301,000 MT were primarily to Mexico (76,700 MT), Japan (63,700 MT), Colombia (33,000 MT), Ecuador (27,600 MT), and Guatemala (25,400 MT).   

Soybean Oil:  Net sales of 19,800 MT for 2021/2022 reported for Guatemala (15,100 MT), Costa Rica (4,200 MT), Jamaica (3,000 MT), Nicaragua (1,500 MT), and El Salvador (1,200 MT), were offset by reductions primarily for Cameroon (2,500 MT) and Canada (2,200 MT). Exports of 500 MT were to Canada. 

Cotton:  Net sales of 146,700 RB for 2021/2022 were down 41 percent from the previous week and 60 percent from the prior 4-week average.  Increases primarily for Turkey (62,000 RB), Mexico (52,900 RB), China (12,100 RB, including decreases of 3,100 RB), Thailand (9,500 RB, including 400 RB switched from Indonesia), and Peru (5,800 RB), were offset by reductions for Vietnam (2,200 RB), Honduras (1,700 RB), and Pakistan (1,700 RB).  Net sales of 10,600 RB for 2022/2023 resulting in increases for Mexico (15,000 RB), were offset by reductions for Turkey (4,400 RB).  Exports of 95,200 RB–a marketing-year low–were down 24 percent from the previous week and 46 percent from the prior 4-week average.  The destinations were primarily to Mexico (23,400 RB), China (23,000 RB), Vietnam (11,300 RB), Bangladesh (9,500 RB), and Turkey (6,600 RB).  Net sales of Pima totaling 6,400 RB–a marketing-year low–were down 53 percent from the previous week and 60 percent from the prior 4-week average.  Increases were primarily for Peru (5,200 RB) and Bangladesh (1,100 RB).  Exports of 10,600 RB were up noticeably from the previous week and up 91 percent from the prior 4-week average.  The destinations were primarily to India (6,800 RB), Peru (1,500 RB), South Korea (700 RB), Turkey (600 RB), and Italy (400 RB).  

Optional Origin Sales:  For 2021/2022, 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 256,800 pieces for 2021 were down 55 percent from the previous week and 31 percent from the prior 4-week average.  Increases primarily for China (109,000 whole cattle hides, including decreases of 20,200 pieces), Thailand (57,200 whole cattle hides, including decreases of 1,700 pieces), Mexico (35,500 whole cattle hides, including decreases of 900 pieces), South Korea (29,300 whole cattle hides, including decreases of 3,900 pieces), and Indonesia (19,100 whole cattle hides, including decreases of 200 pieces), were offset by reductions primarily for Brazil (200 pieces) and Japan (100 pieces).  Exports of 344,800 pieces were down 31 percent from the previous week and 7 percent from the prior 4-week average.  Whole cattle hide exports were primarily to China (217,700 pieces), South Korea (48,000 pieces), Mexico (25,600 pieces), Thailand (19,200 pieces), and Brazil (17,500 pieces).   

Net sales of 54,100 wet blues for 2021 were down 68 percent from the previous week and 66 percent from the prior 4-week average.  Increases reported for Italy (23,000 grain splits and 8,200 unsplit, including decreases of 14,700 unsplit and 100 grain splits), China (18,400 unsplit), Vietnam (5,000 unsplit, including decreases of 100 unsplit), and Brazil (100 unsplit), were offset by reductions for Thailand (400 unsplit) and Mexico (200 grain splits).  Total net sales of 13,200 wet blues for 2022 were for Italy.  Exports of 130,400 wet blues were down 1 percent from the previous week and 16 percent from the prior 4-week average.  The destinations were primarily to China (47,600 unsplit), Italy (30,700 unsplit and 7,800 grain splits), Vietnam (20,300 unsplit), Mexico (8,200 grain splits and 900 unsplit), and Thailand (7,600 unsplit).  Total net sales of 943,000 splits were reported for China.  Exports of 166,200 pounds were to China (86,200 pounds) and Vietnam (80,000 pounds). 

Beef:  Net sales of 15,700 MT reported for 2021 were up 1 percent from the previous week, but unchanged from the prior 4-week average.  Increases were primarily for Japan (4,400 MT, including decreases of 800 MT), China (3,400 MT, including decreases of 100 MT), South Korea (2,400 MT, including decreases of 500 MT), Taiwan (1,900 MT, including decreases of 100 MT), and Mexico (1,700 MT, including decreases of 100 MT).  Net sales reductions of 300 MT for 2022 resulting in increases for Chile (500 MT) and Taiwan (300 MT), were more than offset by reductions primarily for South Korea (1,000 MT).  Exports of 15,500 MT were down 1 percent from the previous week and 11 percent from the prior 4-week average.  The destinations were primarily to Japan (4,400 MT), South Korea (3,800 MT), China (2,400 MT), Taiwan (1,200 MT), and Mexico (1,100 MT).     

Pork:  Net sales of 33,500 MT reported for 2021 were up 51 percent from the previous week and 9 percent from the prior 4-week average.  Increases primarily for Japan (11,800 MT, including decreases of 200 MT), Mexico (8,200 MT, including decreases of 700 MT), China (4,300 MT, including decreases of 700 MT), South Korea (3,900 MT, including decreases of 100 MT), and Canada (2,400 MT, including decreases of 600 MT), were offset by reductions for El Salvador (100 MT).   Exports of 29,700 MT were up 2 percent from the previous week, but down 2 percent from the prior 4-week average.  The destinations were primarily to Mexico (13,900 MT), China (4,000 MT), Japan (3,600 MT), Colombia (1,900 MT), and South Korea (1,800 MT).  

 

 

 

 

Terry Reilly

Senior Commodity Analyst – Grain and Oilseeds

Futures International
One Lincoln Center
18 W 140 Butterfield Rd.

Suite 1450

Oakbrook Terrace, Il. 60181

W: 312.604.1366

treilly@futures-int.com

ICE IM:  treilly1

Skype: fi.treilly

 

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