06-16-16 USDA-FAS Export Sales Report Highlights…

USDA FAS - Foreign Agricultural Service headerUSDA – Foreign Ag Services – Export Sales Highlights as of June 16, 2016

This summary is based on reports from exporters for the period May 27-June 2, 2016. 

Wheat:  Net sales for the 2016/2017 marketing year, which began June 1, totaled 223,800 metric tons.  Increases were reported for unknown destinations (127,200 MT), Mexico (77,500 MT), South Africa (48,000 MT, including 45,000 MT switched from unknown destinations), Chile (30,000 MT), and Brazil (26,200 MT).  A total of 1,297,300 MT in sales were carried over from the 2015/2016 marketing year, which ended May 31.  Exports for the period ending May 31 of 338,700 MT brought accumulated exports to 19,440,100 MT, down 14 percent from the prior year’s total of 22,622,500 MT.  The primary destinations were Indonesia (63,000 MT), Nigeria (58,800 MT), China (57,800 MT), Chile (33,000 MT), Colombia (29,700 MT), and Jamaica (21,000 MT).  Exports for June 1-2 totaled 120,700 MT, with South Africa (48,000 MT), Brazil (29,700 MT), El Salvador (15,800 MT), Colombia (11,000 MT), and Mexico (6,500 MT) being the primary destinations.

Corn:  Net sales of 1,558,900 MT for 2015/2016 were up 18 percent from the previous week and from the prior 4-week average.  Increases were reported for Japan (409,200 MT, including 108,500 MT switched from unknown destinations and decreases of 1,500 MT), South Korea (210,200 MT, including 68,000 MT switched from unknown destinations), Venezuela (150,000 MT), unknown destinations (144,900 MT), Vietnam (127,600 MT), and Saudi Arabia (78,700 MT).  Reductions were reported for the French West Indies (6,800 MT) and Morocco (900 MT). For 2016/2017, net sales of 120,400 MT were reported for unknown destinations (68,300 MT), Mexico (22,100 MT), Peru (11,000 MT), Honduras (10,000 MT), and Colombia (9,000 MT).  Exports of 1,242,200 MT were up 65 percent from the previous week and 19 percent from the prior 4-week average.  The primary destinations were Mexico (262,000 MT), Japan (257,900 MT), Saudi Arabia (148,700 MT), South Korea (137,700 MT), El Salvador (66,600 MT), Peru (56,700 MT), and Algeria (46,600 MT).

Optional Origin Sales:  For 2015/2016, new optional origin sales totaling 60,800 MT were reported for unknown destinations.  The current optional origin outstanding sales balance is 394,800 MT, all unknown destinations.

Barley:  Net sales for the 2016/2017 marketing year, which began June 1, totaled 200 MT were for Japan.  A total of 2,100 MT in sales were carried over from the 2015/2016 marketing year, which ended May 31.  There were no exports for the period ending May 31.  Accumulated exports were 26,200 MT, down 82 percent from the prior year’s total of 144,700 MT.  Exports for June 1-2 totaled 400 MT, all Japan.

Sorghum:  Net sales of 119,600 MT for 2015/2016 were down 43 percent from the previous week and 6 percent from the prior 4-week average.  Increases were reported for China (63,600 MT) and unknown destinations (56,000 MT).  Exports of 59,500 MT were up 11 percent from the previous week, but down 8 percent from prior 4-week average.  The destinations were China (56,600 MT) and Mexico (2,700 MT).

Rice:  Net sales of 24,500 MT for 2015/2016 were down 62 percent from the previous week and 55 percent from the prior 4-week average.  Increases were reported for Mexico (14,800 MT), El Salvador (3,900 MT, including 3,500 MT switched from unknown destinations), Guatemala (2,700 MT, including 2,300 MT switched from unknown destinations), Honduras (2,500 MT), and Jordan (1,600 MT).  Reductions were reported for unknown destinations (5,000 MT) and Israel (2,200 MT).  For 2016/2017, net sales of 600 MT were reported for Mexico.  Exports of 104,300 MT, up noticeably from the previous week and from the prior 4-week average, were reported to Libya (35,600 MT), Iraq (32,500 MT), Japan (13,300 MT), Haiti (7,200 MT), and El Salvador (3,900 MT).

Exports for Own Account: The current exports for own account outstanding balance totals 400 MT, all Canada.

Soybeans:  Net sales of 758,500 MT for 2015/2016 were up noticeably from the previous week and 98 percent from the prior 4-week average.  Increases were reported for unknown destinations (573,900 MT), Iran (120,000 MT), Mexico (61,300 MT), Indonesia (47,600 MT, including 44,000 MT switched from unknown destinations), and Japan (12,100 MT, including 9,000 MT switched from unknown destinations and decreases of 300 MT).  Reductions were reported for China (54,000 MT), Malaysia (15,000 MT), and Colombia (100 MT).  For 2016/2017, net sales of 475,500 MT were reported primarily for unknown destinations (280,000 MT), China (152,000 MT), Cuba (16,000 MT), and Malaysia (15,000 MT).  Exports of 125,600 MT were down 41 percent from the previous week and 35 percent from the prior 4-week average.  The primary destinations were Indonesia (58,000 MT), Mexico (29,400 MT), Japan (14,500 MT), Vietnam (6,700 MT), and Taiwan (5,800 MT).

Optional Origin Sales:  For 2015/2016, new optional origin sales totaling 3,000 MT were reported for Pakistan.  The current outstanding sales balance of 659,000 MT is for China (603,000 MT) and Pakistan (56,000 MT).  For 2016/2017, the current outstanding balance is 63,000 MT, all China.

Exports for Own Account:  The current exports for own account outstanding balance totals 500 MT, all Canada.

Soybean Cake and Meal:  Net sales of 44,300 MT for 2015/2016 were down 36 percent from the previous week and 59 percent from the prior 4-week average.  Increases were reported for Egypt (18,000 MT), Guatemala (14,100 MT, including 12,600 MT switched from unknown destinations), Mexico (9,800 MT), El Salvador (6,700 MT, including 7,400 MT switched from unknown destinations and decreases of 1,200 MT), Panama (6,700 MT, including 7,600 MT switched from unknown destinations and decreases of 900 MT), and Canada (3,300 MT). Reductions were reported for unknown destinations (17,900 MT), Colombia (2,500 MT), and the French West Indies (2,500 MT).   For 2016/2017, net sales of 136,700 MT were reported for unknown destinations (78,700 MT) and Mexico (58,000 MT).  Exports of 285,500 MT were up 57 percent from the previous week and 43 percent from the prior 4-week average.  The primary destinations were the Philippines (75,300 MT), Mexico (57,100 MT), Ecuador (31,400 MT), Colombia (27,000 MT), the Dominican Republic (24,000 MT), Canada (14,300 MT), and El Salvador (14,100 MT).

Optional Origin Sales:  For 2015/2016, the current optional origin outstanding sales balance totals 99,000 MT, all unknown destinations.

Soybean Oil:  Net sales of 14,500 MT for 2015/2016 were down 68 percent from the previous week and from the prior 4-week average.  Increases were reported for Cuba (7,600 MT), Mexico (3,200 MT), Guatemala (1,800 MT), and the Dominican Republic (1,700 MT).  For 2016/2017, net sales of 7,600 MT were reported for Cuba.  Exports of 22,800 MT were up noticeably from the previous week and from the prior 4-week average.  The destinations were primarily to Colombia (10,000 MT), the Dominican Republic (4,700 MT), Mexico (3,800 MT), Guatemala (2,000 MT), and Panama (2,000 MT).

Cotton:   Net upland sales totaling 110,100 RB for 2015/2016 were down 12 percent from the previous week and 19 percent from the prior 4-week average.  Increases were reported for Vietnam (49,800 RB, including 200 RB switched from Japan and decreases of 100 RB), China (12,800 RB), Indonesia (11,000 RB, including 200 RB switched from Japan), Taiwan (9,200 RB), and Ecuador (5,500 RB).  Reductions of 600 RB were reported for Japan.   For 2016/2017, net sales of 112,700 RB reported primarily for Mexico (80,800 RB), South Korea (10,200 RB), Pakistan (9,900 RB), and Turkey (7,700 RB), were partially offset by decreases for Vietnam (2,300 RB).   Exports of 203,600 RB were down 14 percent from the previous week and 7 percent from the prior 4-week average.  The primary destinations were Vietnam (63,100 RB), Turkey (35,800 RB), South Korea (18,200 RB), China (13,000 RB), and Pakistan (12,100 RB).  Net sales of Pima totaling 6,800 RB for 2015/2016 were down 30 percent from the previous week and 37 percent from the prior 4-week average.  Increases were reported for China (4,900 RB), Japan (700 RB), India (500 RB), and Taiwan (500 RB).  For 2016/2017, net sales of 17,800 RB were reported primarily for India (17,800 RB).  Exports of 11,200 RB were down 21 percent from the previous week and 17 percent from the prior 4-week average.  The primary destinations were India (4,600 RB), China (3,300 RB), Vietnam (2,100 RB), Switzerland (300 RB), and Turkey (300 RB).

Exports for Own Account: The current exports for own account outstanding balance of 39,800 RB is for China (34,200 RB) and Vietnam (5,600 RB).

Hides and Skins:  Net sales of 420,400 pieces for 2016 were down 23 percent from the previous week, but up 4 percent from the prior 4-week average.  Whole cattle hides of 394,500 pieces were primarily for China (271,100 pieces), South Korea (57,900 pieces), Mexico (19,700 pieces), Thailand (13,600 pieces), and Italy (7,900 pieces).  Reductions were reported for Vietnam (100 pieces).  Exports of 391,100 pieces, all whole cattle hides were down 9 percent from the previous week, but up 4 percent from the prior 4-week average.  The primary destinations were China (235,700 pieces), South Korea (69,300 pieces), Mexico (28,700 pieces), Thailand (26,400 pieces), and Taiwan (15,300 pieces).

Net sales of 125,300 wet blues for 2016 were up noticeably from the previous week, but down 17 percent from the prior 4-week average.  Increases were reported for China (53,600 unsplit), Italy (53,500 unsplit), Vietnam (15,600 unsplit), Taiwan (7,200 unsplit), and Mexico (4,300 grain splits).  Reductions were reported for China (8,600 grain splits), Japan (200 grain splits), and Mexico (100 unsplit).  Exports of 107,700 wet blues were down 37 percent from the previous week and 34 percent from the prior 4-week average.  Exports were primarily to China (25,700 unsplit and 7,800 grain splits), Italy (26,700 unsplit and 1,700 grain splits), Mexico (7,100 grain splits and 2,800 unsplit), Thailand (7,600 grain splits), and the Dominican Republic (6,100 unsplit).  Net sales of splits totaling 462,200 pounds for 2016 reported for South Korea (441,600 pounds), Hong Kong (17,300 pounds), Italy (8,000 pounds), and China (900 pounds), were partially offset by reductions for Mexico (3,200 pounds) and Taiwan (2,200 pounds).  Exports of 733,000 pounds were reported to South Korea (339,800 pounds), Hong Kong (305,900 pounds), Italy (44,900 pounds), and Mexico (42,300 pounds). 

Beef:  Net sales of 12,600 MT for 2016 were up 25 percent from the previous week, but down 5 percent from the prior 4-week average.  Increases were reported for Japan (5,300 MT), South Korea (2,800 MT), Canada (1,700 MT), Mexico (1,300 MT), and Hong Kong (600 MT).  Exports of 12,300 MT were down 6 percent from the previous week and from the prior 4-week average.  The primary destinations were Japan (4,400 MT), South Korea (2,600 MT), Mexico (1,500 MT), Canada (1,200 MT), and Hong Kong (900 MT).

Pork:  Net sales of 16,700 MT for 2016 were down 24 percent from the previous week, but up 8 percent from the prior 4-week average.  Increases were reported for China (7,100 MT), Japan (3,200 MT), Hong Kong (2,400 MT), Mexico (1,500 MT), and Canada (1,300 MT).  Exports of 17,000 MT were down 23 percent from the previous week and from the prior 4-week average.  The primary destinations were Mexico (5,100 MT), Japan (3,100 MT), China (3,000 MT), South Korea (1,500 MT), and Canada (1,200 MT).

June 9, 2016                                                                             1                                      FOREIGN AGRICULTURAL SERVICE/USDA

SUMMARY OF EXPORT TRANSACTIONS
June 2, 2016

COMMODITY                                     DESTINATIONS                                        QUANTITY (MT)                         MARKETING YEAR

 

SOYBEANS                                          UNKNOWN                                                     73,000 MT 1/                               2015/2016

SOYBEANS                                          UNKNOWN                                                   140,000 MT 1/                               2016/2017

 

1/ Export sales.

SOURCE