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U.S. EXPORT SALES FOR WEEK ENDING  10/21/21 

 

 

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    

145.9

1,743.8

1,553.2

43.0

3,210.3

4,365.1

0.0

0.0

   SRW    

7.4

572.7

384.8

73.9

1,281.4

915.3

0.0

0.0

   HRS     

42.3

998.2

1,566.0

44.9

2,381.7

2,995.7

0.0

0.0

   WHITE   

27.7

662.7

1,823.0

7.8

1,606.6

2,017.4

0.0

0.0

   DURUM  

45.9

72.4

200.9

15.9

77.3

338.5

0.0

0.0

     TOTAL

269.3

4,049.9

5,527.8

185.6

8,557.2

10,632.1

0.0

0.0

BARLEY

0.0

22.9

31.6

0.8

7.2

10.4

0.0

0.0

CORN

890.4

24,639.7

24,453.2

688.5

5,144.9

6,125.1

0.0

337.4

SORGHUM

133.0

2,486.1

2,756.9

2.1

265.7

519.9

0.0

0.0

SOYBEANS

1,183.4

22,209.2

32,850.8

2,405.8

8,242.3

14,050.5

0.0

19.8

SOY MEAL

161.5

3,754.4

3,494.3

184.0

701.8

646.2

0.5

37.1

SOY OIL

14.6

111.7

190.3

2.4

10.9

30.9

0.0

0.1

RICE

 

 

 

 

 

 

 

 

   L G RGH

2.5

240.8

518.0

47.3

285.4

153.3

0.0

0.0

   M S RGH

0.0

7.0

20.7

0.3

2.2

8.2

0.0

0.0

   L G BRN

0.1

8.5

12.0

0.7

16.2

9.4

0.0

0.0

   M&S BR

0.1

54.3

19.8

0.1

14.3

28.8

0.0

0.0

   L G MLD

20.6

86.3

86.2

11.7

216.0

109.0

0.0

0.0

   M S MLD

1.9

69.0

150.6

2.4

77.9

84.9

0.0

0.0

     TOTAL

25.2

466.0

807.4

62.5

611.9

393.6

0.0

0.0

COTTON

 

THOUSAND RUNNING BALES      

   UPLAND

360.8

6,453.1

5,821.8

63.4

1,916.6

2,927.9

20.0

836.3

   PIMA

8.5

191.0

271.4

2.2

76.6

139.1

0.0

0.0

 

This summary is based on reports from exporters for the period October 15-21, 2021. 

Wheat:  Net sales of 269,300 metric tons (MT) for 2021/2022 were down 26 percent from the previous week and 31 percent from the prior 4-week average.  Increases primarily for Mexico (140,800 MT, including decreases of 4,900 MT), Ecuador (24,700 MT, including 24,000 MT switched from unknown destinations and decreases of 500 MT), Honduras (22,600 MT), Singapore (22,000 MT), and South Korea (19,500 MT), were offset by reductions for Canada (500 MT) and Colombia (200 MT).  Exports of 185,600 MT were up 16 percent from the previous week, but down 52 percent from the prior 4-week average.  The destinations were primarily to Taiwan (37,100 MT), Japan (34,800 MT), Mexico (33,800 MT), Ecuador (24,700 MT), and Chile (21,900 MT).  

Export Adjustment:  Accumulated exports of hard red winter wheat to Mexico were adjusted down 101 MT for week ending September 16th.  This shipment was reported in error.  

Corn:  Net sales of 890,400 MT for 2021/2022 were down 30 percent from the previous week and 10 percent from the prior 4-week average.  Increases primarily for Mexico (492,900 MT, including decreases of 14,600 MT), Japan (193,600 MT, including 22,700 MT switched from unknown destinations and decreases of 8,000 MT), Colombia (100,500 MT, including 50,000 MT switched from unknown destinations and decreases of 16,000 MT), unknown destinations (44,400 MT), and Panama (19,000 MT), were offset by reductions for China (1,200 MT) and South Korea (400 MT).  Exports of 688,500 MT were down 34 percent from the previous week and 24 percent from the prior 4-week average.  The destinations were primarily to Mexico (275,500 MT), Japan (148,800 MT), Colombia (144,100 MT), China (66,800 MT), and Costa Rica (38,000 MT). 

Optional Origin Sales:  For 2021/2022, new optional origin sales of 139,500 MT were reported for unknown destinations (120,000 MT), Italy (10,500 MT), and Saudi Arabia (9,000 MT).  The current outstanding balance of 479,300 MT is for unknown destinations (370,000 MT), South Korea (65,000 MT), Italy (35,300 MT), and Saudi Arabia (9,000 MT). 

Barley:  No net sales were reported for the week.  Exports of 800 MT were up 14 percent from the previous week and 93 percent from the prior 4-week average.  The destination was to Japan.  

Sorghum:  Total net sales of 133,000 MT for 2021/2022 were down 49 percent from the previous week, but up 54 percent from the prior 4-week average.  The destination reported was unknown destinations.  Exports of 2,100 MT were down 95 percent from the previous week and 97 percent from the prior 4-week average.  The destination was to Mexico.  

Rice:  Net sales of 25,200 MT for 2021/2022–a marketing-year low–were down 69 percent from the previous week and 62 percent from the prior 4-week average.  Increases were primarily for Haiti (15,300 MT, including decreases of 100 MT), Mexico (4,100 MT), Canada (3,200 MT), Saudi Arabia (1,500 MT), and Guatemala (300 MT).  Exports of 62,500 MT were down 8 percent from the previous week, but up 25 percent from the prior 4-week average.  The destinations were primarily to Mexico (38,300 MT), Costa Rica (10,200 MT), Haiti (7,200 MT), Canada (3,700 MT), and Saudi Arabia (1,900 MT).   

Exports for Own Account: For 2021/2022, the current exports for own account outstanding balance is 100 MT, all Canada.  

Soybeans:  Net sales of 1,183,400 MT for 2021/2022 were down 59 percent from the previous week and 22 percent the prior 4-week average.  Increases primarily for China (1,081,000 MT, including 449,000 MT switched from unknown destinations, 66,000 MT switched from Hong Kong, and decreases of 25,300 MT), the Netherlands (117,800 MT, including 120,000 MT switched from unknown destinations and decreases of 2,200 MT), Mexico (93,900 MT, including decreases of 5,800 MT), Taiwan (71,600 MT), and Pakistan (69,000 MT, including 66,000 MT switched from unknown destinations), were offset by reductions primarily for unknown destinations (469,300 MT).  Exports of 2,405,800 MT were up 9 percent from the previous week and 81 percent from the prior 4-week average.  The destinations were primarily to China (1,790,600 MT), Mexico (187,600 MT), the Netherlands (113,400 MT), Japan (78,500 MT), and Pakistan (69,000 MT). 

Export for Own Account: For 2021/2022, new exports for own account totaling 30,800 MT were for Canada.  The current exports for own account outstanding balance is 36,600 MT, all Canada. 

Soybean Cake and Meal:  Net sales of 161,500 MT for 2021/2022 primarily for the Philippines (134,000 MT, including 45,000 MT switched from France and 45,000 MT switched from Spain), Canada (70,400 MT, including decreases of 400 MT), Thailand (50,000 MT switched from unknown destinations), Japan (34,200 MT), and Morocco (21,200 MT, including decreases of 800 MT), were offset by reductions primarily for unknown destinations (59,300 MT), Spain (45,000 MT), Germany (45,000 MT), and France (45,000 MT).  Total net sales of 500 MT for 2022/2023 were for Canada.  Exports of 184,000 MT were primarily to Colombia (39,900 MT), the Dominican Republic (28,100 MT), Japan (21,300 MT), Mexico (20,700 MT), and Costa Rica (18,200 MT).   

Soybean Oil:  Net sales of 14,600 MT for 2021/2022 were reported for South Korea (9,000 MT), the Dominican Republic (2,800 MT), Canada (1,900 MT), and Mexico (900 MT).  Exports of 2,400 MT were to Mexico (1,600 MT), Canada (600 MT), and Honduras (200 MT). 

Cotton:  Net sales of 360,800 RB for 2021/2022 were down 8 percent from the previous week, but up 6 percent from the prior 4-week average.  Increases primarily for China (186,700 RB, including 4,400 RB switched from Vietnam and decreases of 5,300 RB), Turkey (149,200 RB), India (5,700 RB), South Korea (4,300 RB), and Mexico (3,900 RB), were offset by reductions for Ecuador (200 RB).  Total net sales of 20,000 RB for 2022/2023 were for China.  Exports of 63,400 RB–a marketing-year low–were down 46 percent from the previous week and 49 percent from the prior 4-week average.  The destinations were primarily to Pakistan (12,600 RB), Vietnam (11,200 RB), Turkey (8,800 RB), China (8,500 RB), and Mexico (7,800 RB).  Net sales of Pima totaling 8,500 RB were down 65 percent from the previous week and 45 percent from the prior 4-week average.  Increases primarily for India (4,800 RB), Peru (1,900 RB), China (900 RB), Thailand (500 RB), and Japan (300 RB), were offset by reductions for Colombia (100 RB).  Exports of 2,200 RB–a marketing-year low–were down 60 percent from the previous week and 72 percent from the prior 4-week average.  The destination was to India.  

Optional Origin Sales:  For 2021/2022, the current outstanding balance of 8,800 RB is for Pakistan.   

Exports for Own Account:  For 2021/2022, the current exports for own account outstanding balance of 4,800 RB is for China (4,700 RB) and Vietnam (100 RB). 

Hides and Skins:  Net sales of 566,000 pieces for 2021 were up 36 percent from the previous week and 48 percent from the prior 4-week average.  Increases primarily for China (396,000 whole cattle hides, including decreases of 4,000 pieces), South Korea (58,100 whole cattle hides, including decreases of 700 pieces), Thailand (30,400 whole cattle hides, including decreases of 800 pieces), Mexico (27,600 whole cattle hides, including decreases of 200 pieces), and Brazil (22,000 whole cattle hides), were offset by reductions for Indonesia (800 pieces).  Total net sales of 8,400 calf skins were reported for Italy.  In addition, total net sales reductions of 100 kip skins were for Belgium Exports of 405,000 pieces were down 14 percent from the previous week, but up 6 percent from the prior 4-week average.  Whole cattle hide exports were primarily to China (268,600 pieces), South Korea (35,900 pieces), Mexico (26,600 pieces), Taiwan (18,200 pieces), and Brazil (17,800 pieces).  In addition, exports of 2,700 kip skins were to Belgium.   

Net sales of 212,900 wet blues for 2021 were up 42 percent from the previous week and 70 percent from the prior 4-week average.  Increases primarily for Vietnam (107,800 unsplit, including decreases of 300 unsplit), China (56,500 unsplit, including decreases of 100 unsplit), Italy (11,400 grain splits and 7,700 unsplit, including decreases of 200 grain splits and 300 unsplit), Thailand (12,000 unsplit), and Taiwan (11,200 unsplit), were offset by reductions for Mexico (100 grain splits).  Net sales reductions of 2,400 wet blues for 2022 resulting in increases for Vietnam (800 unsplit), were more than offset by reductions for Italy (3,200 unsplit).  Exports of 125,000 wet blues were down 45 percent from the previous week and 19 percent from the prior 4-week average.  The destinations were primarily to Vietnam (37,900 unsplit), China (35,200 unsplit), Italy (30,000 unsplit and 5,100 grain splits), Mexico (5,200 grain splits and 900 unsplit), and Thailand (6,000 unsplit).  Net sales of 565,600 splits were for China (360,600 splits) and Vietnam (205,000 splits).  Exports of 495,700 pounds were to China (295,700 pounds) and Vietnam (200,000 pounds). 

Beef:  Net sales of 19,200 MT reported for 2021 were up noticeably from the previous week and up 39 percent from the prior 4-week average.  Increases were primarily for South Korea (6,200 MT, including decreases of 500 MT), China (4,500 MT, including decreases of 200 MT), Japan (2,800 MT, including decreases of 600 MT), Mexico (2,100 MT, including decreases of 100 MT), and Taiwan (1,700 MT, including decreases of 100 MT).  Net sales of 5,000 MT for 2022 were primarily for South Korea (4,100 MT), Indonesia (500 MT), and Japan (200 MT).  Exports of 16,700 MT were down 2 percent from the previous week, but unchanged from the prior 4-week average.  The destinations were primarily to South Korea (4,700 MT), Japan (4,000 MT), China (3,500 MT), Mexico (1,200 MT), and Taiwan (1,000 MT).   

Pork:  Net sales of 29,500 MT reported for 2021 were up 41 percent from the previous week, but down 1 percent from the prior 4-week average.  Increases primarily for Mexico (16,900 MT, including decreases of 600 MT), Japan (3,300 MT, including decreases of 100 MT), Canada (2,800 MT, including decreases of 500 MT), South Korea (2,600 MT, including decreases of 900 MT), and Colombia (2,300 MT, including decreases of 100 MT), were offset by reductions primarily for China (1,400 MT).  Exports of 32,800 MT were unchanged from the previous week, but up 8 percent from the prior 4-week average.  The destinations were primarily to Mexico (16,400 MT), Japan (4,400 MT), China (3,500 MT), Colombia (2,100 MT), and Canada (1,700 MT).  

Export Adjustment:  Accumulated exports of pork to Chile were adjusted down 7 MT for week ending October 14th.  This shipment was reported in error.   

October 28, 2021                                1             FOREIGN AGRICULTURAL SERVICE/USDA

                       SUMMARY OF EXPORT TRANSACTIONS                       
Reported Under the Daily Reporting System
For Period Ending October 21, 2021

                  Commodity                              Destination                             Quantity (MT)           Marketing   

                

                  CORN                                      MEXICO                                130,000 MT 1/           2021/2022

                 

                 1/ Export Sales. 

                                                                                                                            

 

 

 

 

Terry Reilly

Senior Commodity Analyst – Grain and Oilseeds

Futures International
One Lincoln Center
18 W 140 Butterfield Rd.

Suite 1450

Oakbrook Terrace, Il. 60181

W: 312.604.1366

treilly@futures-int.com

ICE IM:  treilly1

Skype: fi.treilly

 

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