FI Morning Grain Comments 07/09/21

PDF attached

 

Good
morning.

 

WASHINGTON,
July 9, 2021–Private exporters reported to the U.S. Department of Agriculture export sales of 228,600 metric tons of soybeans for delivery to Mexico during the 2021/2022 marketing year.

 

Export
sales were viewed as bearish to neutral, and soybeans turned lower post report. Rains are falling across the heart of the US this morning. Local amounts could be heavy for IA, northern Missouri and central IL.  Far northern Dakota’s and Canadian Prairies will
return to a hot and dry pattern this weekend.  Rains last weekend into this week is expected to boost US crop conditions when updated by USDA Monday and we look for a slightly improvement in spring wheat, corn and soybeans.  USDA report is Monday and US CPI
is due out Tuesday morning. 

 

 

 

 

Weather

 

 

 

WORLD
WEATHER INC.

WORLD
WEATHER HIGHLIGHTS FOR JULY 9, 2021

• Not
  much change occurred overnight
• The
  Balkan Countries of southeastern Europe are advertised to trend wetter in the second week of the forecast and that will be welcome after recent dry and warm weather stressed crops.
  
• In
  the U.S., interest remains high over the abundance of rain suggested for the coming week to nearly ten days across key corn and soybean production areas.
  
• Heavy
  to excessive rainfall is possible in eastern Iowa, southern Wisconsin, Illinois and parts of eastern Missouri where some flooding will be possible
• Rain
  will also fall in the northwestern Corn Belt and northern Plains, but it will be more sporadic and lighter leaving moisture deficits present which may lead to rising crop stress in late July when the next round of heat and dryness arrives
• Favorable
  weather is expected in Texas, the Delta and southeastern states
• The
  far western U.S. will stay dry; including the Pacific Northwest and California, but monsoonal showers and thunderstorms will increase in the southern Rocky Mountain region and a part of the southwestern desert region
• Canada’s
  Prairies will continue to limp along on very little soil moisture.
• Crop
  stress in Canada will also continue to rob yield potentials from many crops.
  
• China’s
  weather remains wet with new flooding overnight in Anhui
• New
  crop damage was suspected after rain totals to more than 14.00 inches resulted
• Rain
  will continue over the coming week from central through northeastern China’s crop areas while the interior southeast and areas north of the Yellow River experience net drying
• India
  is still expecting increased rainfall in the west and north over the coming week to ten days offering some relief from dryness
• Rainfall
  in the far northwest may be a little light and more will be needed
• Net
  drying is still expected in western Russia over the coming week. 
• Australia’s
  winter crops are establishing favorably, though there is need for greater rainfall in South Australia, northwestern Victoria and in parts of Queensland
• South
  America’s weather is unchanged from Thursday with a few showers next week in Argentina wheat areas and far southernmost Brazil
• There
  is no risk of damaging frost or freezes in coffee, citrus, sugarcane or grain areas north of Rio Grande do Sul during the next ten days

Source:
World Weather, Inc.

 

Bloomberg
Ag Calendar

Friday,
July 9:

• USDA
  weekly crop net-export sales for corn, soybeans, wheat, cotton, pork, beef, 8:30am

• ICE
  Futures Europe weekly commitments of traders report (6:30pm London)
• CFTC
  commitments of traders weekly report on positions for various U.S. futures and options, 3:30pm
• FranceAgriMer
  weekly update on crop conditions

Monday,
July 12:

• USDA’s
  monthly World Agricultural Supply and Demand Estimates (WASDE) report, noon
• China
  farm ministry’s monthly supply-demand report (CASDE)
• USDA
  export inspections – corn, soybeans, wheat, 11am
• U.S.
  crop conditions – corn, cotton, soybeans, wheat, 4pm
• French
  agriculture ministry’s crop plantings and production estimates
• FAO
  State of Food Security and Nutrition in the World 2021 report
• Malaysian
  Palm Oil Board’s end-June stockpiles, output and production data
• Malaysia
  July 1-10 palm oil export data from SGS
• Ivory
  Coast cocoa arrivals

Tuesday,
July 13:

• China
  customs to publish 1H trade data, including imports of soy, edible oils, meat and rubber
• FranceAgriMer
  monthly grains report
• European
  Cocoa Association to release quarterly cocoa processing figures
• EU
  weekly grain, oilseed import and export data
• Brazil’s
  June Coffee Exports
• New
  Zealand Food Prices

Wednesday,
July 14:

• EIA
  weekly U.S. ethanol inventories, production
• Brazil
  Unica cane crush, sugar production (tentative)
• Malaysia
  2Q cocoa grinding data (tentative)
• HOLIDAY:
  France

Thursday,
July 15:

• USDA
  weekly crop net-export sales for corn, soybeans, wheat, cotton, pork, beef, 8:30am
• China
  2Q pork output and inventory levels
• Malaysia
  July 1-15 palm oil export data
• Malaysia
  crude palm oil export tax for August (tentative)
• Port
  of Rouen data on French grain exports
• Barry
  Callebaut 9-month key sales figures

Friday,
July 16:

• ICE
  Futures Europe weekly commitments of traders report (6:30pm London)
• CFTC
  commitments of traders weekly report on positions for various U.S. futures and options, 3:30pm
• FranceAgriMer
  weekly update on crop conditions
• Cocoa
  Association of Asia releases 2Q cocoa grinding data

Source:
Bloomberg and FI

 

 

 

 

Reuters
estimates for USDA

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Macros

 

Corn

• US
  corn
  is on the defensive with prices on track to close the week about 10% lower.  Expect positioning ahead of the weekend (maybe a little a little short covering). 
  
• USDA
  corn export sales were only 173,200 tons old crop and 198,200 tons new crop.  Some were looking for better new-crop sales.  Pork sales were 43,800 tons.  Sorghum and barley sales combined were minimal. 
  
• The
  December contract closed below its 100-day MA yesterday for the first time since August of last year. 
  
• China
  corn futures hit an 8-month low.  Domestic demand continues to erode as China sold only a small amount of corn out of auction. 
  
• USDA
  report is Monday and US CPI is due out Tuesday morning. 
• Argentine
  corn harvest was reported at 56%complete according to the BA Exchange’s weekly crop report.  This is progressing slowly and cites the wet weather as the reason.
• Weekly
  ethanol production matched the season high of 1.067 million barrels for the week ending July 2.  It was up 9,000 barrels while the trade was looking for a 3,000-barrel reduction.  Stocks decreased by 423,000 barrels and are down for the first time since May
  21. 

 

Export
developments.

• China
  sold only 7% of the 130,000 tons of imported corn offered out of auction from the United States and Ukraine (Sinograin). 123,954 US & 6,340 Ukraine. 
  
• Turkey
  seeks 440,000 tons of feed barley on July 12 for shipment between July 29 and August 16. 
  

 

Soybeans

• The
  US soybean complex is mixed with beans lower, meal lower, and soybean oil higher.  Palm traded higher snapping a three day losing streak from a weaker ringgit.  Upside movement in soybeans should be limited on lower corn and rains falling across the heart
  of the US. 
• Look
  for a two-sided trade.  USDA announced 228,600 tons of soybeans sold to Mexico for 2021-22 delviery. 
  
• US
  soybean export sales came in on the light side of expectations. Old crop soybean commitments are running at nearly 100 percent of USDA’s export projection.  Shipments need to improve in order to reach USDA’s projection, but we could see exports surpass 2.280
  billion bushels.  Soybean meal export sales were within expectations and shipments improved to 170,100 tons.  Soybean oil sales showed a net reduction of 400 tons while shipments were again slow at 4,500 tons. 
  
• Areas
  across North Dakota, eastern Nebraska and Iowa are currently seeing rain before they shift east.  Local amounts could be heavy.  Far northern Dakota’s and Canadian Prairies will return to a hot and dry pattern this weekend.  Rains last weekend into this week
  is expected to boost US crop conditions when updated by USDA Monday and we look for a slightly improvement in spring wheat, corn and soybeans. 
  
• Argentina
  is on holiday.
• Argentina
  is on holiday Friday. 
• Malaysian
  palm oil snapped a 3-day downward trend by settling 123 points higher in large part to a weaker ringgit, and cash was up $20/ton to $995/ton. 
  
• There
  are rumors
• China
  soybean futures were 0.8% higher and products 0.5%-0.8% higher basis September positions. 
  
• Offshore
  values are leading SBO 146 points higher (191 higher for the week) and meal $0.40 higher (5.20 higher for the week). 
  
• Rotterdam
  rapeseed and soybean oil prices were 15-20 euros higher and meal 1-9 euros lower.
  
• China:
  

• Malaysian
  palm oil:  

 

Due
out Monday:

 

Export
Developments

• WASHINGTON,
  July 9, 2021–Private exporters reported to the U.S. Department of Agriculture export sales of 228,600 metric tons of soybeans for delivery to Mexico during the 2021/2022 marketing year.

 

Wheat

• US
  wheat is
  mixed with Chicago following corn lower and improving US soft wheat harvesting conditions.  KC is led mostly higher by MN as Canada returns to hot and dry conditions.  The far western U.S. will stay dry. 
  
• All-wheat
  exports sales were 290,800 tons, lower end of expectations and seasonal slow for this time of year. 
  
• Japan’s
  weather bureau expects a 70% chance of a non El Nino and La Nina event now through the northern hemisphere autumn. 
  
• French
  soft wheat conditions were steady from the previous week at 79% good/excellent, well up from 55 year ago.  Only one percent of the  crop had been harvested versus 10% year ago. 
  
• September
  Paris wheat was down 0.25 euro at 199.75/ton. 
• The
  Euro continued to climb this morning from a 3-month low hit earlier this week against the USD.
  
• TASS-The
  Russian wheat export duty will amount to $39.3 per ton from July 14 to 20, the Ministry of Agriculture reports on Friday. The barley and corn export duties will equal $37 a ton and $50.6 a ton respectively.
  

 

Export
Developments. 

• Iran’s
  GTC bought 130,000 tons of wheat earlier this week for Aug/Sep shipment. 
  
• Algeria
  bought 30,000 tons of wheat at $288/ton c&f for July/Aug shipment, depending on origin.  Pakistan seeks 500,000 tons of wheat on July 27. 
  
• Results
  awaited: The
  Philippines seek up to 200,000 tons of feed wheat and milling wheat on Thursday, July 8. It includes 150,000 tons of feed wheat and 50,000 tons of milling wheat, all optional origin, for September, October and November shipment.
  
• Pakistan’s
  TCP seeks 500,000 tons of wheat on July 27.  200,000 tons are for August shipment, and 300,000 tons are for September shipment.
• Saudi
  Arabia’s SAGO seeks 360,000 tons of wheat on July 12, split between hard wheat 12.5 percent protein and soft wheat 11% protein, for October shipment.
  
• Japan
  seeks 80,000 tons of feed wheat and 100,000 tons of barley on July 14. 
• Bangladesh’s
  seeks 50,000 tons of milling wheat on July 15.
• Bangladesh’s
  seeks 50,000 tons of milling wheat on July 18.

• Ethiopia
  seeks 400,000 tons of wheat on July 19. 

 

Rice/Other

• South Korea seeks 91,216 tons of rice from China, the United States and Vietnam for arrival in South
  Korea between Oct. 31, 2021, and April 30, 2022. 
• Bangladesh seeks 50,000 tons of rice on July 18, not on the July.  They delayed it. 
  

 

 

U.S. EXPORT SALES FOR WEEK ENDING  07/01/2021

	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	100.8	1,514.1	1,825.6	136.0	655.4	1,007.8	0.0	0.0
SRW	11.9	932.4	610.8	119.3	151.1	117.9	0.0	0.0
HRS	119.3	1,609.8	1,583.8	72.0	425.1	587.5	0.0	0.0
WHITE	53.6	1,079.4	1,105.5	52.4	283.6	341.1	0.0	0.0
DURUM	5.3	8.4	179.0	5.3	31.6	131.2	0.0	0.0
TOTAL	290.8	5,144.1	5,304.7	385.1	1,546.8	2,185.5	0.0	0.0
BARLEY	0.3	23.7	40.2	0.3	1.4	1.5	0.0	0.0
CORN	173.2	11,034.3	7,541.8	1,286.3	58,685.9	34,966.9	198.2	15,946.5
SORGHUM	0.0	893.1	846.2	0.0	6,337.0	3,364.3	0.0	1,594.9
SOYBEANS	63.8	3,410.3	8,229.8	221.2	58,494.0	37,544.2	118.5	9,397.9
SOY MEAL	211.8	2,329.9	1,905.6	170.0	9,120.6	9,282.1	55.8	911.8
SOY OIL	-0.4	21.2	239.7	4.5	656.3	978.5	0.0	0.6
RICE
L G RGH	10.5	224.5	99.2	7.0	1,532.3	1,318.4	0.0	0.0
M S RGH	0.0	8.4	23.6	0.0	25.5	72.9	0.0	7.0
L G BRN	0.3	11.9	11.2	0.6	39.5	57.2	0.0	0.7
M&S BR	0.1	22.9	31.6	0.1	133.8	86.4	0.0	0.0
L G MLD	5.4	46.5	55.6	4.1	611.8	834.9	0.0	0.0
M S MLD	3.7	117.5	115.7	22.3	570.6	625.2	-0.3	12.3
TOTAL	19.9	431.8	336.9	34.1	2,913.6	2,995.0	-0.3	20.0
COTTON		THOUSAND RUNNING BALES
UPLAND	52.1	2,182.8	4,156.3	294.8	13,933.5	12,880.4	177.0	2,604.1
PIMA	5.4	107.7	121.5	19.2	720.0	455.7	0.0	4.1

 

 

This
summary is based on reports from exporters for the period June 25-July 1, 2021.

Wheat:  Net
sales of 290,800 metric tons (MT) were reported for delivery in marketing year 2021/2022.  Increases primarily for the Philippines (120,000 MT, including 60,000 MT switched from Indonesia), Mexico (85,500 MT, including decreases of 900 MT), South Korea (82,500
MT), China (69,500 MT, including 65,000 MT switched from unknown destinations), and Taiwan (54,900 MT, including decreases of 900 MT), were offset by reductions primarily for Indonesia (60,000 MT) and unknown destinations (49,900 MT).  Exports of 385,100 MT
were primarily to Mexico (85,700 MT, including 100 MT – late), China (67,200 MT), South Korea (55,000 MT), Taiwan (50,900 MT), and Nigeria (46,400 MT).

Late
Reporting:
For 2020/2021, net sales totaling 5,300 MT of durum wheat were reported late for Italy.  Exports of 5,300 MT of durum wheat were reported late to Italy and exports of 100 MT of soft red winter wheat were reported late to Mexico.

Corn: 
Net sales of 173,200 MT for 2020/2021 were up noticeably from the previous week and up 58 percent from the prior 4-week average.  Increases primarily for Mexico (136,600 MT, including decreases of 4,600 MT), Japan (83,000 MT, including 82,600 MT switched from
unknown destinations and decreases of 7,200 MT), Colombia (36,800 MT, including 42,000 MT switched from unknown destinations and decreases of 300 MT), the Dominican Republic (20,200 MT), and Canada (10,600 MT, including decreases of 300 MT), were offset by
reductions primarily for unknown destinations (124,600 MT).  For 2021/2022, net sales of 198,200 MT were primarily for Mexico (65,300 MT), South Korea (65,000 MT), Japan (23,200 MT), Taiwan (13,200 MT), and Honduras (8,500 MT).  Exports of 1,286,300 MT were
up 13 percent from the previous week, but down 16 percent from the prior 4-week average.  The destinations were primarily to China (405,100 MT), Mexico (329,900 MT), Japan (294,700 MT), Saudi Arabia (72,400 MT), and Colombia (58,800 MT). 

Optional
Origin Sales: 
For 2020/2021, options were exercised to export 65,000 MT to South Korea from other than the United States.  The current outstanding balance of 30,500 MT is for unknown destinations.  For 2021/2022, the current outstanding balance of 60,000 MT is for unknown
destinations.

Late
Reporting:
For 2020/2021, exports totaling 18,100 MT of corn were reported late to the Dominican Republic.

Barley: 
Total net sales for 2020/2021 of 300 MT were for China.  Exports of 300 MT were unchanged from the previous week, but up 14 percent from the prior 4-week average.  The destination was to Canada.

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

Rice: 
Net sales of 19,900 MT for 2020/2021 were up 27 percent from the previous week, but down 51 percent from the prior 4-week average.  Increases primarily for Nicaragua (10,000 MT), Jordan (3,200 MT), Saudi Arabia (1,600 MT), Canada (1,400 MT), and Guatemala
(1,000 MT), were offset by reductions for Honduras (500 MT).  Total net sales reductions for 2021/2022 of 300 MT were for Taiwan.  Exports of 34,100 MT were down 50 percent from the previous week and 47 percent from the prior 4-week average.  The destinations
were primarily to Japan (15,700 MT), Honduras (5,500 MT), Mexico (2,600 MT), South Korea (2,400 MT), and Canada (2,200 MT).

Exports
for Own Account: 
For 2020/2021, the current exports for own account outstanding balance is 100 MT, all Canada.

Soybeans: 
Net sales of 63,800 MT for 2020/2021 were down 31 percent from the previous week and 19 percent from the prior 4-week average.  Increases primarily for Mexico (38,000 MT, including 47,500 MT switched from unknown destinations and decreases of 13,100 MT), Japan
(37,700 MT, including 18,800 MT switched from unknown destinations and decreases of 9,300 MT), China (18,100 MT, including decreases of 1,300 MT), Taiwan (16,900 MT), and Colombia (12,400 MT, including 11,500 MT switched from unknown destinations and decreases
of 300 MT), were offset by reductions primarily for unknown destinations (77,500 MT).  For 2021/2022, net sales of 118,500 MT were primarily for Japan (77,800 MT), unknown destinations (20,100 MT), Colombia (15,000 MT), Malaysia (3,000 MT), and Taiwan (2,000
MT).  Exports of 221,200 MT were up 49 percent from the previous week and 8 percent from the prior 4-week average.  The destinations were primarily to Mexico (91,700 MT), Japan (44,900 MT), Colombia (19,000 MT), Indonesia (15,600 MT), and Costa Rica (13,100
MT).

Exports
for Own Account: 
For 2020/2021, the current exports for own account outstanding balance is 5,800 MT, all Canada.

Soybean
Cake and Meal: 
Net sales of 211,800 MT for 2020/2021 were down 9 percent from the previous week and from the prior 4-week average.  Increases primarily for Japan (62,700 MT), Colombia (45,100 MT), Poland (30,000 MT), Mexico (25,600 MT, including decreases of 9,400 MT), and
Ecuador (9,500 MT), were offset by reductions primarily for the Dominican Republic (1,000 MT).  For 2021/2022, net sales of 55,800 MT were reported for Ecuador (30,000 MT), the Philippines (25,000 MT), and Canada (800 MT).  Exports of 170,000 MT were up noticeably
from the previous week, but unchanged from the prior 4-week average.  The destinations were primarily to the Philippines (48,100 MT), Mexico (38,200 MT), Canada (23,000 MT), Honduras (21,900 MT), and the Dominican Republic (13,000 MT).

Soybean
Oil: 
Net sales reductions of 400 MT for 2020/2021 were down noticeably from the previous week and from the prior 4-week average.  Increases for Canada (2,300 MT) and Mexico (300 MT), were more than offset by reductions for Colombia (3,000 MT).   Exports of 4,500
MT were up noticeably from the previous week, but down 48 percent from the prior 4-week average.  The destinations were to Venezuela (3,000 MT), Mexico (1,000 MT), and Canada (400 MT).

Cotton: 
Net sales of 52,100 RB for 2020/2021 were up 22 percent from the previous week, but down 38 percent from the prior 4-week average.  Increases primarily for Pakistan (24,000 RB, including 600 RB switched from the United Arab Emirates and decreases of 300 RB),
China (7,400 RB, including decreases of 200 RB), Vietnam (4,700 RB, including 900 RB switched from China and decreases of 1,100 RB), Turkey (4,500 RB, including decreases of 1,500 RB),  and South Korea (4,400 RB, including decreases of 100 RB), were offset
by reductions for the United Arab Emirates (600 RB) and Ecuador (300 RB).  For 2021/2022, net sales of 177,000 RB were primarily for Pakistan (58,500 RB), Turkey (32,800 RB), El Salvador (20,900 RB), Indonesia (19,100 RB), and Thailand (11,900 RB).  Exports
of 294,800 RB were up 8 percent from the previous week and 13 percent from the prior 4-week average.  Exports were primarily to Vietnam (71,300 RB), Pakistan (58,600 RB), China (42,400 RB), Turkey (42,300 RB), and Mexico (31,800 RB).  Net sales of Pima totaling
5,400 RB were up noticeably from the previous week and up 24 percent from the prior 4-week average.  Increases were primarily for Thailand (2,100 RB), Peru (2,000 RB), and Pakistan (900 RB).  Exports of 19,200 RB were up 84 percent from the previous week and
42 percent from the prior 4-week average.  The destinations were primarily to India (7,000 RB), Pakistan (4,300 RB), China (3,700 RB), Vietnam (2,200 RB), and Peru (1,200 RB).  

Exports
for Own Account: 
For 2020/2021, the outstanding balance of 4,700 RB is for China.

Hides
and Skins: 
Net sales of 397,400 pieces for 2021 were down 59 percent from the previous week and 23 percent from the prior 4-week average.  Increases were primarily for China (234,000 whole cattle hides, including decreases of 9,400 pieces), South Korea (55,200 whole
cattle hides, including decreases of 3,600 pieces), Ethiopia (39,200 whole cattle hides), Mexico (34,700 whole cattle hides, including decreases of 3,000 pieces), and Brazil (11,700 whole cattle hides).  Net sales of 1,000 kip skins, resulting in increases
for China (1,300 kip skins), were offset by reductions for Belgium (300 kip skins).  Exports of 385,400 pieces were up 10 percent from the previous week and from the prior 4-week average.  Whole cattle hides exports were primarily to China (258,900 pieces),
South Korea (46,900 pieces), Thailand (29,300 pieces), Mexico (25,000 pieces), and Brazil (8,800 pieces).  In addition, exports of 2,600 kip skins were to Belgium.

Net
sales of 121,000 wet blues for 2021 were up 6 percent from the previous week, but down 4 percent from the prior 4-week average.  Increases primarily for Italy (58,000 unsplit), China (24,400 unsplit), Vietnam (22,700 unsplit), Taiwan (11,900 unsplit), and
Brazil (4,000 unsplit), were offset by reductions for Thailand (100 unsplit).  Exports of 118,400 wet blues were down 24 percent from the previous week and 19 percent from the prior 4-week average.  The destinations were to China (32,000 unsplit), Vietnam
(28,500 unsplit), Italy (19,800 unsplit and 3,200 grain splits), Thailand (19,900 unsplit), and Mexico (8,200 grain splits and 6,800 unsplit).  Net sales of 90,500 splits reported for China (47,200 pounds, including decreases of 1,400 pounds) and Taiwan (43,300
pounds).  Exports of 320,000 pounds were to Vietnam (200,000 pounds) and China (120,000 pounds). 

Beef: 
Net
sales of 23,700 MT reported for 2021 were up 96 percent from the previous week and 64 percent from the prior 4-week average.  Increases were primarily for South Korea (10,400 MT, including decreases of 400 MT), Japan (5,800 MT, including decreases of 400 MT),
China (2,700 MT, including decreases of 100 MT), Mexico (1,500 MT), and Canada (700 MT, including decreases of 100 MT).  Total net sales for 2022 of 100 MT were for Japan.  Exports of 17,800 MT were down 6 percent from the previous week and from the prior
4-week average.  The destinations were primarily to Japan (5,000 MT), South Korea (4,700 MT), China (3,200 MT), Taiwan (1,100 MT), and Mexico (1,000 MT).

Pork: 
Net
sales of 43,800 MT reported for 2021 were up 53 percent from the previous week and 65 percent from the prior 4-week average.  Increases primarily for China (16,300 MT, including decreases of 300 MT), Mexico (13,800 MT, including decreases of 600 MT), Japan
(8,400 MT, including decrease of 200 MT), Colombia (1,800 MT, including decreases of 100 MT), and Canada (1,700 MT, including decreases of 400 MT), were offset by reductions for Nicaragua (100 MT), New Zealand (100 MT), and Australia (100 MT).  Exports of
30,500 MT were down 6 percent from the previous week and 7 percent from the prior 4-week average.  The destinations were primarily to Mexico (13,000 MT), China (6,500 MT), Japan (3,100 MT), South Korea (2,400 MT), and Canada (1,500 MT).