Export Sales Highlights: Good week for wheat, beef & pork

Wheat:  Net sales of 643,100 metric tons for 2019/2020 were up 90 percent from the previous week and 10 percent from the prior 4-week average.  Increases primarily for Nigeria (130,800 MT, including 51,700 MT switched from unknown destinations), the Philippines (104,800 MT), South Korea (91,100 MT), Vietnam (81,000 MT, including 10,000 MT switched from unknown destinations), and Mexico (79,200 MT), were offset by reductions for unknown destinations (50,900 MT), Bangladesh (3,000 MT), and Costa Rica (200 MT).  For 2020/2021, net sales of 44,000 MT were for the Philippines (24,000 MT), unknown destinations (11,000 MT), and Peru (9,000 MT).  Exports of 506,300 MT were up 25 percent from the previous week and 26 percent from the prior 4-week average.  The destinations were primarily to Nigeria (98,800 MT), Bangladesh (87,000 MT), Mexico (69,400 MT), the Philippines (65,800 MT), and Japan (59,800 MT).  

Channel 7

Optional Origin Sales: 
For 2019/2020, the current outstanding balance of 56,000 MT is for the Philippines.  

Corn:  Net sales of 968,800 MT for 2019/2020 were down 22 percent from the previous week and 9 percent from the prior 4-week average.  Increases primarily for Japan (383,000 MT, including 60,300 MT switched from unknown destinations and decreases of 21,300 MT), South Korea (193,500 MT), Colombia (110,700 MT, including 75,000 MT switched from unknown destinations and decreases of 1,400 MT), Saudi Arabia (61,700 MT, including 70,000 MT switched from unknown destinations and decreases of 8,300 MT), and Mexico (52,600 MT, including decreases of 100 MT), were offset by reductions for unknown destinations (14,700 MT) and El Salvador (7,900 MT).  Exports of 782,800 MT--a marketing-year high--were up 31 percent from the previous week and 41 percent from the prior 4-week average.  The destinations were primarily to Mexico (228,700 MT), Japan (203,800 MT), Colombia (189,700 MT), Saudi Arabia (61,700 MT), and El Salvador (29,600 MT).  

Optional Origin Sales:  For 2019/2020, options were exercised to export 50,000 MT to Israel from other than the United States.  The current outstanding balance of 524,900 MT is for South Korea (466,000 MT), and Egypt (58,900 MT).  

Barley: No net sales for 2019/2020 were reported for the week.  Exports of 1,000 MT were down 21 percent from the previous week, but up 14 percent from the prior 4-week average.  The destinations were Japan (900 MT) and Taiwan (100 MT).  

Sorghum:  For 2019/2020, net sales of 17,600 MT resulting in increases for China (72,600 MT, including 65,000 MT switched from unknown destinations) and Japan (10,000 MT), were offset by reductions for unknown destinations (65,000 MT).  Exports of 84,300 MT were up noticeably from the previous week and up 59 percent from the prior 4-week average.  The destinations were China (72,600 MT) and Mexico (11,700 MT).    

Rice:   Net sales of 136,000 MT for 2019/2020 were up 78 percent from the previous week and up noticeably from the prior 4-week average.  Increases primarily for Colombia (110,800 MT, including decreases of 82,500 MT), Turkey (25,000 MT), Honduras (6,000 MT), Guatemala (2,000 MT), and Canada (1,800 MT), were offset by reductions for Mexico (17,200 MT) and the Netherlands (100 MT).   Exports of 86,000 MT were up 70 percent from the previous week and 94 percent from the prior 4-week average.  The destinations were primarily to Mexico (40,300 MT), Haiti (29,600 MT), El Salvador (4,500 MT), Canada (2,900 MT), and Jordan (2,900 MT).

Exports for Own Account:  For 2019/2020, the current exports for own account outstanding balance is 100 MT, all Canada.

Soybeans:  Net sales of 644,800 MT for 2019/2020 were down 8 percent from the previous week, but up 2 percent from the prior 4-week average.  Increases primarily for China (132,000 MT), Egypt (120,000 MT), Bangladesh (60,900 MT, including 56,000 MT switched from unknown destinations and decreases of 1,100 MT), the Netherlands (56,000 MT, including 60,000 MT switched from unknown destinations and decreases of 4,000 MT), and Japan (48,400 MT, including 29,700 MT switched from unknown destinations and decreases of 1,200 MT), were offset by reductions for Costa Rica (100 MT).  For 2020/2021, net sales of 6,300 MT were for Japan (6,100 MT) and Hong Kong (200 MT).  Exports of 611,300 MT were down 58 percent from the previous week and 50 percent from the prior 4-week average.  The destinations were primarily to Bangladesh (85,900 MT), Mexico (73,000 MT), China (69,000 MT), the Netherlands (56,000 MT), and Taiwan (50,800 MT).  

Exports for Own Account:  For 2019/2020, the current exports for own account outstanding balance is 2,100 MT, all Canada.

Soybean Cake and Meal:    Net sales of 234,200 MT for 2019/2020 were up 10 percent from the previous week, but down 44 percent from the prior 4-week average.  Increases primarily for Morocco (37,000 MT), the Philippines (35,400 MT), the Dominican Republic (25,000 MT), Canada (22,600 MT), and Ecuador (22,600 MT, including 7,000 MT switched from unknown destinations and decreases of 400 MT), were offset by reductions for Nicaragua (5,500 MT) and Belgium (900 MT).  Exports of 268,200 MT were up 56 percent from the previous week and 27 percent from the prior 4-week average.  The destinations were primarily to Spain (60,900 MT), the Philippines (50,700 MT), Mexico (45,500 MT), Libya (27,500 MT), and Canada (17,100 MT).

Soybean Oil:  Net sales of 39,100 MT for 2019/2020 primarily for South Korea (25,000 MT), Morocco (16,000 MT, switched from unknown destinations), Canada (3,600 MT), Jamaica (3,600 MT), and El Salvador (2,600 MT), were offset by reducutions for unknowon destinations (16,000 MT) and Colombia (500 MT).   Exports of 12,800 MT were primarily to Venezuela (5,500 MT), the Dominican Republic (2,900 MT), El Salvador (2,200 MT), Mexico (1,700 MT), and Canada (300 MT).  

Cotton:  Net sales of 350,900 RB for 2019/2020--a marketing-year high--were up 6 percent from the previous week and 15 percent from the prior 4-week average.  Increases primarily for Vietnam (152,000 MT, including 2,600 RB switched from South Korea), Turkey (74,000 RB), Pakistan (49,300 RB), Bangladesh (44,200 RB), and Indonesia (20,500 RB, including 1,200 RB switched from Japan), were offset by reductions primarily for China (48,400 RB).  For 2020/2021, net sales of 57,300 RB were for Bangladesh (26,200 RB), Pakistan (18,500 RB), Malaysia (6,600 RB), Indonesia (5,300 RB), and Ecuador (700 RB).  Exports of 400,500 RB were down 4 percent from the previous week, but up 20 percent from the prior 4-week average.  Exports were primarily to Pakistan (93,400 RB), Vietnam (81,500 RB), Turkey (63,100 RB), China (52,200 RB), and Bangladesh (36,200 RB).  Net sales of Pima totaling 10,900 RB were up 98 percent from the previous week, but down 42 percent from the prior 4-week average.  Increases primarily for India (5,200 RB), Egypt (2,200 RB), Turkey (1,200 RB), Thailand (1,000 RB), and Italy (800 RB, including 300 RB switched from China), were offset by reductions for China (500 RB).  Exports of 7,400 RB were up 28 percent from the previous week, but down 10 percent from the prior 4-week average.  The primary destinations were India (2,100 RB), Pakistan (1,500 RB), El Salvador (900 RB), Peru (900 RB), and Bangladesh (800 RB).  

Beef: Net sales of 17,500 MT for 2020 were primarily for Japan (6,900 MT, including decreases of 800 MT), South Korea (4,300 MT, including decreases of 400 MT), Mexico (2,700 MT, including decreases of 100 MT), Taiwan (1,000 MT, including decreases of 100 MT), and Canada (500 MT, including decreases of 100 MT).  Exports of 16,900 MT were primarily   to Japan (6,300 MT), South Korea (4,700 MT), Mexico (1,900 MT), Taiwan (1,000 MT), and Canada (1,000 MT).    

Pork: Net sales of 28,600 MT for 2020 were primarily for Mexico (6,800 MT), Japan (4,400 MT), China (3,700 MT), South Korea (3,600 MT), and Canada (3,100 MT).   Exports of 42,900 MT were primarily to Mexico (13,100 MT), China (13,000 MT), Japan (6,000 MT), South Korea (3,600 MT), and Canada (2,200 MT).