U.S. Export Sales

U.S. Export Sales:   Wheat sales down 30% from last week;  Beef up noticeably but still not good  (13.7K mt)

Wheat:  Net sales of 307,700 metric tons (MT) for 2023/2024 were down 30 percent from the previous week and 20 percent from the prior 4-week average. Increases primarily for the Philippines (73,500 MT, including 11,000 MT switched from unknown destinations and decreases of 1,200 MT), South Korea (54,200 MT, including decreases of 100 MT), unknown destinations (49,000 MT, including 19,000 MT - late), Indonesia (28,000 MT), and Japan (20,500 MT), were offset by reductions for Algeria (500 MT). Total net sales of 14,000 MT for 2024/2025 were for Peru. Exports of 296,000 MT were down 28 percent from the previous week and 17 percent from the prior 4-week average. The destinations were primarily to Indonesia (108,300 MT), Mexico (86,700 MT), Vietnam (32,200 MT), Honduras (24,500 MT), and the Philippines (23,000 MT).

Late Reporting:  For 2023/2024, new sales totaling 19,000 MT of durum wheat were reported late for unknown destinations.

Corn:  Net sales of 566,900 MT for 2023/2024 primarily for Japan (197,300 MT, including 72,900 MT switched from unknown destinations), Mexico (131,700 MT, including decreases of 119,900 MT), China (71,200 MT, including 71,400 MT switched from unknown destinations and decreases of 200 MT), unknown destinations (57,800 MT), and Colombia (45,000 MT, including decreases of 33,600 MT), were offset by reductions for Jamaica (18,000 MT), El Salvador (3,200 MT), and Costa Rica (1,200 MT). Exports of 602,500 MT were primarily to Mexico (329,300 MT), Japan (158,000 MT), China (71,200 MT), Guatemala (19,400 MT), and Honduras (10,700 MT).

Barley:  No net sales were reported for the week. Exports of 100 MT were to South Korea.

Sorghum:  Total net sales reductions of 700 MT for 2023/2024 included decreases of 7,000 MT for China. Exports of 47,000 MT were primarily to China (46,900 MT).

Rice:  Net sales of 65,800 MT for 2023/2024 were down 2 percent from the previous week, but up 24 percent from the prior 4-week average. Increases were primarily for Mexico (28,100 MT), El Salvador (12,000 MT), Honduras (10,000 MT), Saudi Arabia (8,600 MT), and Israel (4,000 MT). Exports of 21,200 MT were down 73 percent from the previous week and 58 percent from the prior 4-week average. The destinations were primarily to Saudi Arabia (8,800 MT), Guatemala (5,500 MT), Mexico (4,900 MT), Canada (1,600 MT), and the Bahamas (100 MT).

Soybeans:  Net sales of 434,100 MT for 2023/2024 primarily for China (208,600 MT, including 110,000 MT switched from unknown destinations and decreases of 300 MT), Japan (74,800 MT, including 9,500 MT switched from unknown destinations), the Netherlands (56,300 MT, including 62,000 MT switched from unknown destinations and decreases of 5,700 MT), Indonesia (38,000 MT), and Egypt (33,000 MT, including 30,000 MT switched from unknown destinations). Exports of 544,900 MT were primarily to China (183,300 MT), Japan (89,200 MT), Mexico (85,200 MT), Indonesia (63,200 MT), and the Netherlands (56,300 MT).

Exports for Own Account:  For 2023/2024, the current exports for own account outstanding balance of 1,900 MT are for Canada (1,400 MT) and Taiwan (500 MT).

Soybean Cake and Meal:  Net sales of 12,700 MT for 2022/2023 were down noticeably from the previous week and down 78 percent from the prior 4-week average. Increases primarily for Guatemala (13,500 MT, including 13,100 MT switched from El Salvador), the Philippines (6,800 MT), Canada (6,600 MT, including decreases of 500 MT), Japan (3,400 MT, including 3,000 MT switched from unknown destinations), and Oman (3,000 MT), were offset by reductions for El Salvador (13,100 MT), Honduras (6,300 MT), unknown destinations (3,000 MT), Belgium (2,500 MT), and Ecuador (100 MT). Net sales of 439,100 MT for 2023/2024 primarily for the Philippines (277,300 MT), Mexico (54,700 MT), the Dominican Republic (28,000 MT), Canada (25,500 MT), and Honduras (23,100 MT), were offset by reductions for unknown destinations (105,000 MT). Exports of 304,300 MT were up noticeably from the previous week and up 47 percent from the prior 4-week average. The destinations were primarily to the Philippines (102,300 MT), Guatemala (39,500 MT), Mexico (31,900 MT), Ecuador (31,900 MT), and Colombia (30,600 MT).

Soybean Oil:  Net sales of 700 MT for 2022/2023 were down noticeably from the previous week and from the prior 4-week average. Increases were reported for Canada. Exports of 1,000 MT were down 33 percent from the previous week and 20 percent from the prior 4-week average. The destinations were to Mexico (600 MT) and Canada (400 MT).

Cotton:  Net sales of 105,800 RB for 2023/2024 were up 57 percent from the previous week and 67 percent from the prior 4-week average. Increases primarily for Vietnam (44,600 RB, including 900 RB switched from South Korea and decreases of 100 RB), China (25,900 RB, including 8,800 RB switched from Singapore and decreases of 100 RB), Mexico (16,900 RB), Bangladesh (12,900 RB), and Turkey (5,400 RB), were offset by reductions for Singapore (8,800 RB) and South Korea (900 RB). Net sales of 5,100 RB for 2024/2025 were reported for Pakistan (2,600 RB) and Mexico (2,500 RB). Exports of 150,700 RB were up 28 percent from the previous week, but down 15 percent from the prior 4-week average. The destinations were primarily to China (72,700 RB), Mexico (18,000 RB), Pakistan (16,600 RB), Turkey (10,900 RB), and Bangladesh (10,000 RB). Net sales of Pima totaling 800 RB for 2023/2024 --a marketing-year low--were down 14 percent from the previous week and 66 percent from the prior 4-week average. Increases reported for China (500 RB), India (200 RB), Thailand (200 RB), and Turkey (100 RB), were offset by reductions for Italy (200 RB). Exports of 2,000 RB were down 74 percent from the previous week and 68 percent from the prior 4-week average. The destinations were to Thailand (1,000 RB), India (600 RB), Pakistan (300 RB), and China (100 RB).

Optional Origin Sales:  For 2023/2024, the current outstanding balance of 900 RB, all Pakistan.

Exports for Own Account:  For 2023/2024, new exports for own account totaling 67,600 RB were to China. Decreases of 43,100 RB were reported for China (40,700 RB) and South Korea (2,400 RB). The current exports for own account outstanding balance of 134,800 RB are for China (113,900 RB), Vietnam (10,800 RB), Pakistan (5,000 RB), South Korea (2,400 RB), India (1,500 RB), and Turkey (1,200 RB).
 
Hides and Skins:  Net sales of 500,900 pieces for 2023 were up 32 percent from the previous week and 54 percent from the prior 4-week average. Increases primarily for China (311,200 whole cattle hides, including decreases of 8,900 pieces), Mexico (102,900 whole cattle hides, including decreases of 1,600 pieces), Thailand (40,200 whole cattle hides, including decreases of 300 pieces), South Korea (31,400 whole cattle hides, including decreases of 300 pieces), and Turkey (7,300 whole cattle hides), were offset by reductions for Vietnam (200 pieces) and Italy (100 pieces). Exports of 457,700 pieces were up 17 percent from the previous week and 21 percent from the prior 4-week average. Whole cattle hides exports were primarily to China (329,600 pieces), Mexico (54,900 pieces), Brazil (22,300 pieces), South Korea (19,700 pieces), and Thailand (16,100 pieces). Exports of 1,300 kip skins were to Canada.

Net sales of 171,100 wet blues for 2023 were up 2 percent from the previous week and 73 percent from the prior 4-week average. Increases were primarily for Italy (106,900 unsplit, including decreases of 600 unsplit), Brazil (21,500 grain splits), China (10,900 unsplit), Thailand (9,800 unsplit), and Vietnam (8,200 unsplit, including decreases of 4,400 unsplit). Net sales of 8,300 wet blues for 2024 were reported for Brazil (4,300 grain splits) and Vietnam (4,000 unsplit). Exports of 123,900 wet blues were up 49 percent from the previous week and 20 percent from the prior 4-week average. The destinations were to Vietnam (39,300 unsplit), China (29,100 unsplit and 200 grain splits), Italy (26,800 unsplit), Thailand (25,300 unsplit), and Mexico (1,600 unsplit and 1,600 grain splits). Net sales of 400 splits reported for South Korea (400 pounds) and Hong Kong (100 pounds), were offset by reductions for Vietnam (100 pounds). Exports of 121,500 splits were to Vietnam (77,900 pounds) and China (43,600 pounds).

Beef:  Net sales of 13,700 MT for 2023 were up noticeably from the previous week and up 15 percent from the prior 4-week average. Increases primarily for Japan (3,700 MT, including decreases of 500 MT), South Korea (3,100 MT, including decreases of 2,200 MT), China (2,500 MT, including decreases of 100 MT), Mexico (1,500 MT, including decreases of 100 MT), and Canada (700 MT, including decreases of 100 MT), were offset by reductions primarily for the United Arab Emirates (100 MT) and Italy (100 MT). Net sales of 500 MT for 2024 were reported for Japan (400 MT) and Taiwan (100 MT). Exports of 15,200 MT were up 15 percent from the previous week and 2 percent from the prior 4-week average. The destinations were primarily to South Korea (3,900 MT), Japan (3,300 MT), China (2,800 MT), Mexico (1,700 MT), and Taiwan (800 MT).

Pork:  Net sales of 30,200 MT for 2023 were up 31 percent from the previous week and 1 percent from the prior 4-week average. Increases primarily for Mexico (13,500 MT, including decreases of 300 MT), South Korea (3,600 MT, including decreases of 300 MT), Canada (3,300 MT, including decreases of 700 MT), China (2,500 MT, including decreases of 200 MT), and Japan (2,100 MT, including decreases of 1,400 MT), were offset by reductions for Nicaragua (200 MT). Net sales of 200 MT for 2024 were reported for Colombia. Exports of 25,600 MT were up 23 percent from the previous week, but down 5 percent from the prior 4-week average. The destinations were primarily to Mexico (9,700 MT), Japan (3,700 MT), China (2,700 MT), South Korea (2,600 MT), and Canada (2,400 MT).