FI Weekly USDA Export Sales Snapshot 12/17/20

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USDA Export Sales

 

 

 

U.S. EXPORT SALES FOR WEEK ENDING 12/10/2020 

	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	159.0	1,644.8	1,441.0	109.9	5,251.3	5,134.4	0.0	22.0
SRW	43.2	438.3	541.5	5.6	1,028.4	1,484.9	21.0	121.0
HRS	197.7	1,595.2	1,374.2	77.9	3,845.6	3,632.0	0.0	45.0
WHITE	134.9	2,649.2	1,028.1	45.1	2,604.3	2,489.8	0.0	20.0
DURUM	5.5	158.6	140.5	0.0	433.1	560.2	0.0	0.0
TOTAL	540.4	6,486.1	4,525.2	238.4	13,162.7	13,301.4	21.0	208.0
BARLEY	-12.3	16.0	32.2	0.6	14.5	26.7	12.5	12.5
CORN	1,924.5	29,526.6	9,602.6	965.4	12,053.2	7,595.8	10.0	757.0
SORGHUM	325.4	3,372.2	696.5	330.0	1,607.4	346.8	68.0	395.0
SOYBEANS	922.3	21,421.8	9,588.1	2,589.4	32,407.1	18,837.0	94.0	331.0
SOY MEAL	261.2	3,153.1	3,053.9	240.2	2,372.9	2,252.1	0.0	18.1
SOY OIL	7.6	248.8	163.8	5.8	157.1	226.4	0.0	0.6
RICE
L G RGH	127.8	265.2	316.1	125.3	658.6	587.7	0.0	0.0
M S RGH	0.0	18.3	15.5	0.2	10.6	15.3	0.0	0.0
L G BRN	1.1	4.0	22.6	7.3	19.3	17.2	0.0	0.0
M&S BR	1.2	17.1	56.7	0.0	33.5	2.3	0.0	0.0
L G MLD	17.5	86.8	231.9	9.8	219.1	403.4	0.0	0.0
M S MLD	18.7	208.4	163.1	6.6	150.0	210.0	0.0	0.0
TOTAL	166.3	599.8	805.9	149.3	1,091.1	1,235.9	0.0	0.0
COTTON		THOUSAND RUNNING BALES
UPLAND	420.9	5,983.3	7,594.3	251.3	4,706.6	3,498.9	13.8	713.7
PIMA	7.5	207.0	161.6	23.1	300.5	152.3	0.0	0.7

 

 

Export Sales Highlights  

This summary is based on reports from exporters for the period December 4-10, 2020.

 

Wheat:  Net sales of 540,400 metric tons (MT) for 2020/2021 were down 12 percent from the previous week, but up 5 percent from the prior 4-week average.  Increases primarily for Mexico (96,800 MT, including decreases of 900 MT), Japan (85,200 MT), South Korea (78,100 MT), China (68,300 MT), and the Philippines (52,000 MT), were offset by reductions for Peru (4,300 MT).  For 2021/2022, total net sales of 21,000 MT were for Peru.  Exports of 238,400 MT were down 57 percent from the previous week and 41 percent from the prior 4-week average.  The destinations were primarily to Indonesia (75,400 MT), China (68,300 MT), Mexico (50,300 MT), and Yemen (44,000 MT).   

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

Corn:  Net sales of 1,924,500 MT for 2020/2021 were up 41 percent from the previous week and 40 percent from the prior 4-week average.  Increases primarily for Mexico (714,900 MT, including decreases of 3,100 MT), unknown destinations (402,300 MT), China (231,800 MT, including 70,000 MT switched from unknown destinations), Japan (176,700 MT, including 58,600 MT switched from unknown destinations), and Taiwan (125,000 MT), were offset by reductions for Guatemala (17,600 MT).  For 2021/2022, total net sales of 10,000 MT were for Japan.  Exports of 965,400 MT were up 35 percent from the previous week and 10 percent from the prior 4-week average.  The destinations were primarily to China (352,800 MT), Mexico (297,300 MT), Colombia (64,100 MT), Japan (59,200 MT), and Guatemala (56,300 MT).  Optional Origin Sales:  For 2020/2021, new optional origin sales of 99,000 MT were reported for South Korea (69,000 MT) and Ukraine (30,000 MT).  The current outstanding balance of 1,647,400 MT is for South Korea (903,000 MT), unknown destinations (224,000 MT), Taiwan (205,000 MT), Vietnam (130,000 MT), China (65,000 MT), Ukraine (62,400 MT), and Japan (58,000 MT).   

Barley:  Net sales reductions of 12,300 MT–marketing-year low–resulting in increases for Taiwan (200 MT), were more than offset by reductions for Japan (12,500 MT).  For 2021/2022, total net sales of 12,500 MT were for Japan.  Exports of 600 MT were to Japan.

Sorghum:  Net sales of 325,400 MT for 2020/2021 were up noticeably from the previous week and up 56 percent from the prior 4-week average.  Increases reported for China (325,900 MT, including decreases of 61,500 MT and 70,700 late–see below) and Japan (5,100 MT, including 5,600 MT switched from unknown destinations and decreases of 500 MT), were offset by reductions for unknown destinations (5,600 MT).  For 2021/2022, total net sales of 68,000 MT were for unknown destinations.  Exports of 330,000 MT–a marketing-year high–were up noticeably from the previous week and from the prior 4-week average.  The destinations were to China (324,900 MT, including 70,700 late–see below) and Japan (5,100 MT).   Late Reporting: For 2020/2021, net sales and exports totaling 70,700 MT were reported late for China. 

Rice:  Net sales of 166,300 MT for 2020/2021 were up noticeably from the previous week and from the prior 4-week average.  Increases primarily for Venezuela (97,000 MT), Honduras (26,300 MT), Haiti (15,200 MT), Japan (12,800 MT), and Costa Rica (4,200 MT), were offset by reductions primarily for the Dominican Republic (100 MT).  Exports of 149,300 MT–a marketing-year high–were up noticeably from the previous week and up 54 percent from the prior 4-week average.  The destinations were primarily to Costa Rica (31,900 MT), Mexico (28,900 MT), Honduras (23,200 MT), Colombia (21,900 MT), and Guatemala (19,500 MT). 

Soybeans:  Net sales of 922,300 MT for 2020/2021 were up 62 percent from the previous week and 20 percent from the prior 4-week average.  Increases primarily for China (919,700 MT, including 791,000 MT switched from unknown destinations and decreases of 7,400 MT), Mexico (225,300 MT), Indonesia (105,600 MT, including 55,000 MT switched from unknown destinations), Vietnam (103,200 MT, including 70,000 MT switched from unknown destinations), and Thailand (95,400 MT, including 66,000 MT switched from China and decreases of 300 MT), were offset by reductions primarily for unknown destinations (817,000 MT).  For 2021/2022, net sales of 94,000 MT were for China (66,000 MT) and Mexico (28,000 MT).  Exports of 2,589,400 MT were down 4 percent from the previous week, but up 3 percent from the prior 4-week average.  The destinations were primarily to China (1,702,100 MT), Thailand (169,600 MT), Egypt (103,800 MT), Indonesia (92,200 MT), and the Netherlands (90,400 MT).   Optional Origin Sales:  For 2020/2021, the current outstanding balance of 63,000 MT, all China.   Exports for Own Account:  For 2020/2021, new exports for own account totaling 29,400 MT were to Canada.  Exports for own account totaling 65,000 MT to Canada were applied to new or outstanding sales.  The current exports for own account outstanding balance is 74,000 MT, all Canada. 

Soybean Cake and Meal:  Net sales of 261,200 MT for 2020/2021 increases primarily for the Philippines (135,800 MT, including decreases of 1,000 MT), Mexico (43,700 MT, including decreases of 500 MT), Ecuador (17,600 MT, including decreases of 1,000 MT), United Kingdom (9,900 MT, including 9,100 MT switched from unknown destinations), and Canada (8,100 MT, including decreases of 9,400 MT), were offset by reductions for unknown destinations (4,100 MT), Belgium (2,300 MT), and Guatemala (1,300 MT).  Exports of 240,200 MT were primarily to Mexico (49,900 MT), Colombia (43,400 MT), Ecuador (33,100 MT), the Dominican Republic (31,800 MT), and Canada (27,000 MT).  

Soybean Oil:  Net sales of 7,600 MT for 2020/2021 were primarily for India (3,000 MT), Colombia (2,400 MT), Mexico (1,000 MT), Canada (900 MT), and Nicaragua (300 MT).  Exports of 5,800 MT were primarily to the Dominican Republic (4,000 MT), Mexico (1,100 MT), and Canada (600 MT).  

Cotton:  Net sales of 402,900 RB for 2020/2021 were up 4 percent from the previous week and 44 percent from the prior 4-week average.  Increases primarily for China (225,800 RB), Pakistan (93,400 RB), Vietnam (35,200 RB, including 300 RB switched from South Korea), Turkey (30,300 RB), and Taiwan (14,100 RB), were offset by reductions primarily for Bangladesh (32,000 RB).  For 2021/2022, net sales of 13,800 RB reported for Pakistan (8,800 RB), Mexico (5,900 RB), and Thailand (900 RB), were offset by reductions for Turkey (1,800 RB).  Exports of 251,300 RB were down 22 percent from the previous week, but up 4 percent from the prior 4-week average.  Exports were primarily to China (112,000 RB), Pakistan (34,100 RB), Mexico (24,300 RB), Vietnam (24,100 RB), and Turkey (12,900 RB).  Net sales of Pima totaling 7,500 RB were down 42 percent from the previous week and 43 percent from the prior 4-week average.  Increases reported for India (5,100 RB), China (2,400 RB, including 1,500 RB switched from Hong Kong), Vietnam (2,100 RB, including 800 RB switched from Hong Kong), Japan (200 RB), and Colombia (100 RB), were offset by reductions for Hong Kong (2,300 RB).  Exports of 23,100 RB were down 12 percent from the previous week and 3 percent from the prior 4-week average.  The destinations were primarily to China (10,700 RB), India (5,600 RB), Honduras (2,100 RB), Pakistan (1,700 RB), and Vietnam (1,100 RB).   Exports for Own Account:  For 2020/2021, new exports for own account totaling 2,000 RB were to China.  Exports for own account totaling 13,000 RB to China were applied to new or outstanding sales.  The current exports for own account outstanding balance of 18,600 RB is for China (17,300 RB), Bangladesh (1,000 RB), and Indonesia (300 RB). 

Hides and Skins:  Net sales of 193,600 pieces for 2020 were down 42 percent from the previous week and 38 percent from the prior 4-week average.  Increases were primarily for China (137,900 whole cattle hides, including decreases of 75,500 pieces), South Korea (36,000 whole cattle hides, including decreases of 13,300 pieces), Mexico (8,500 whole cattle hides, including decreases of 31,200 pieces), Thailand (5,600 whole cattle hides, including decreases of 200 pieces), and Indonesia (3,800 whole cattle hides).  Additionally, total net sales reductions of 1,400 kip skins were for Belgium.  For 2021, net sales of 110,100 pieces primarily for China (96,600 whole cattle hides), South Korea (12,000 whole cattle hides), and Vietnam (1,800 whole cattle hides), were offset by reductions for Mexico (2,400 pieces).  Exports of 353,000 pieces reported for 2020 were down 4 percent from the previous week and 6 percent from the prior 4-week average.  Whole cattle hides exports were primarily to China (252,200 pieces), Mexico (40,300 pieces), South Korea (39,600 pieces), Brazil (9,100 pieces), and Thailand (4,000 pieces).   

Net sales reductions of 8,500 wet blues for 2020 were down noticeably from the previous week and from the prior 4-week average, resulting in increases primarily for Thailand (7,900 unsplit, including decreases of 100 unsplit) and Mexico (5,500 unsplit), were more than offset by reductions primarily for Italy (13,800 unsplit and 200 grain splits), China (6,000 unsplit), and Hong Kong (1,500 unsplit).  For 2021, net sales of 36,500 wet blues primarily for Italy (22,600 unsplit) and Brazil (7,100 unsplit), were offset by reductions for Vietnam (200 grain splits). Exports of 146,200 wet blues for 2020 were up 40 percent from the previous week and 45 percent from the prior 4-week average.  The destinations were primarily to China (44,500 unsplit), Vietnam (39,300 unsplit), Italy (32,900 unsplit and 1,900 grain splits), Thailand (13,400 unsplit), and Brazil (9,900 unsplit).  Net sales reductions of 535,600 splits resulting in increases for Taiwan (43,000 pounds), were offset by reductions for Vietnam (385,700 pounds) and China (192,900 pounds).  For 2021, net sales of 605,400 splits were primarily for Vietnam (375,200 pounds). Exports of 165,400 pounds were to China (86,300 pounds) and Vietnam (79,100 pounds).

Beef:  Net sales of 10,100 MT reported for 2020 were up noticeably from the previous week, but down 15 percent from the prior 4-week average.  Increases primarily for Japan (3,800 MT, including decreases of 800 MT), South Korea (2,200 MT, including decreases of 1,300 MT), Canada (1,700 MT, including decreases of 100 MT), Mexico (700 MT, including decreases of 200 MT), and China (700 MT, including decreases of 200 MT), were offset by reductions primarily for Hong Kong (200 MT) and  Colombia (100 MT).  For 2021, net sales of 4,500 MT were primarily for South Korea (1,300 MT), Mexico (1,200 MT), Japan (800 MT), and Taiwan (500 MT).  Exports of 19,300 MT were up 6 percent from the previous week, but unchanged from the prior 4-week average.  The destinations were primarily to South Korea (4,800 MT), Japan (4,600 MT), Mexico (2,900 MT), China (2,400 MT), and Canada (1,300 MT).

Pork:  Net sales of 39,900 MT reported for 2020 were up 51 percent from the previous week and from the prior 4-week average.  Increases primarily for Mexico (22,400 MT, including decreases of 900 MT), China (11,600 MT, including decreases of 1,500 MT), Canada (1,900 MT, including decreases of 400 MT), Japan (1,700 MT, including decreases of 200 MT), and Colombia (800 MT, including decreases of 200 MT), were offset by reductions primarily for Australia (300 MT).  For 2021, net sales of 44,300 MT were primarily for China (26,100 MT), Japan (8,500 MT), South Korea (4,600 MT), Colombia (1,500 MT), and Mexico (1,100 MT).  Exports of 42,000 MT were unchanged from the previous week, but up 8 percent from the prior 4-week average.  The destinations were primarily to Mexico (14,600 MT), China (12,800 MT), Japan (4,500 MT), South Korea (3,400 MT), and Canada (1,800 MT).