FI Weekly USDA Export Sales Snapshot 12/09/21

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USDA Export Sales

USDA export sales for soybeans improved from the previous week to 1.638 million tons and were reported at the high end of the Reuters trade range.  Increases primarily for China (893,400 MT, including 334,000 MT switched from unknown destinations, 61,000 MT switched from the Netherlands, and decreases of 2,100 MT), Egypt (226,800 MT, including 55,000 MT switched from unknown destinations and decreases of 4,200 MT), Spain (134,200 MT, including 125,000 MT switched from unknown destinations).

Soybean meal export sales were 202,500 tons and shipments were good at 305,200 tons. Increases were primarily for Colombia (83,100 MT, including decreases of 8,300 MT),Venezuela (29,100 MT, including 6,500 MT switched from unknown destinations), Jamaica (17,500 MT), Mexico (16,400 MT).

Soybean oil export sales of 5,300 tons were at the lower end of a range of expectations but shipments of 31,800 tons were good. The shipment destinations were to India (30,000 MT), Mexico (1,000 MT), Canada(600 MT), and Honduras (100 MT).

USDA corn export sales of 1.133 million tons were withing expectations and a slightly higher than the previous week.  Increases were primarily for Canada (258,400 MT, including decreases of 100 MT), Colombia (244,800 MT, including 50,000 MT switched from unknown destinations and decreases of 13,500 MT), China (202,100 MT, including133,600 MT switched from unknown destinations).  Sorghum sales were excellent at 315,100 tons and included 370,100 tons for China (55k switched from unknown). Sorghum sales included a 55k reduction. Pork sales were 19,800 tons.

USDA all-wheat export sales of 240,000 tons improved from the marketing low reported week earlier but still below its respected pace for this time of year. Increases primarily for Guatemala (68,700 MT, including 38,000switched from unknown destinations and decreases of 1,400 MT), Thailand(60,000 MT), the Philippines (56,000 MT).

 

 

 

U.S. EXPORT SALES FOR WEEK ENDING  12/2/2021

FAX 202-690-3275

	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	80.9	1,963.1	1,595.7	97.0	3,806.6	5,141.4	0.0	14.0
SRW	55.5	632.7	400.7	24.0	1,502.7	1,022.8	0.0	34.5
HRS	60.3	1,123.4	1,475.3	50.5	2,779.8	3,767.7	0.0	0.0
WHITE	59.3	765.9	2,559.4	41.4	1,852.8	2,559.3	0.0	0.0
DURUM	-16.1	35.9	153.1	0.4	97.2	433.1	0.0	0.0
TOTAL	239.9	4,521.1	6,184.2	213.4	10,039.2	12,924.2	0.0	48.5
BARLEY	0.4	21.5	28.9	0.5	9.0	13.9	0.0	0.0
CORN	1,132.5	26,011.4	28,567.5	904.6	10,551.3	11,087.8	0.0	565.2
SORGHUM	315.1	3,417.3	3,376.8	176.7	931.0	1,277.4	0.0	0.0
SOYBEANS	1,637.9	15,300.6	23,088.9	2,433.9	23,504.3	29,727.5	0.0	0.0
SOY MEAL	202.5	3,473.6	3,132.1	305.2	2,156.3	2,132.7	2.8	37.3
SOY OIL	5.3	185.3	247.0	31.7	123.1	151.4	0.1	0.1
RICE
L G RGH	34.2	170.9	262.7	28.9	523.6	533.3	0.0	0.0
M S RGH	0.0	6.5	18.5	0.0	2.6	10.4	0.0	0.0
L G BRN	3.2	4.5	10.2	0.6	25.3	12.0	0.0	0.0
M&S BR	0.1	68.5	16.0	0.1	14.8	33.5	0.0	0.0
L G MLD	9.1	59.2	79.1	15.8	321.9	209.3	0.0	0.0
M S MLD	2.2	66.9	196.3	15.7	143.6	143.4	0.0	0.0
TOTAL	48.8	376.5	582.8	61.1	1,031.9	941.8	0.0	0.0
COTTON		THOUSAND RUNNING BALES
UPLAND	382.6	7,220.4	5,813.7	114.8	2,507.5	4,450.3	18.1	940.1
PIMA	7.1	240.5	222.5	8.7	117.7	277.4	0.9	4.0

 

This summary is based on reports from exporters for the period November 26-December 2, 2021.

Wheat:  Net sales of 239,900 metric tons (MT) for 2021/2022 were up noticeably from the previous week, but down 27 percent from the prior 4-week average.  Increases primarily for Guatemala (68,700 MT, including 38,000 switched from unknown destinations and decreases of 1,400 MT), Thailand (60,000 MT), the Philippines (56,000 MT), Mexico (51,900 MT, including decreases of 3,900 MT), and Colombia (26,000 MT, including decreases of 3,500 MT), were offset by reductions for unknown destinations (53,000 MT).  Exports of 213,400 MT were down 43 percent from the previous week and 25 percent from the prior 4-week average.  The destinations were primarily to South Korea (75,600 MT), Guatemala (39,800 MT), Mexico (31,600 MT), Honduras (22,500 MT), and Taiwan (21,900 MT).

Corn:  Net sales of 1,132,500 MT for 2021/2022 were up 11 percent from the previous week and 2 percent from the prior 4-week average.  Increases were primarily for Canada (258,400 MT, including decreases of 100 MT), Colombia (244,800 MT, including 50,000 MT switched from unknown destinations and decreases of 13,500 MT), China (202,100 MT, including 133,600 MT switched from unknown destinations), Mexico (65,600 MT, including decreases of 5,500 MT), and Peru (62,000 MT).  Exports of 904,600 MT were down 4 percent from the previous week and from the prior 4-week average.  The destinations were primarily to Mexico (388,900 MT), China (136,700 MT), Canada (119,500 MT), Colombia (73,300 MT), and Honduras (62,000 MT).

Optional Origin Sales:  For 2021/2022, the current outstanding balance of 498,700 MT is for unknown destinations (429,000 MT), Italy (60,700 MT), and Saudi Arabia (9,000 MT).

Barley:  Total net sales of 400 MT for 2021/2022 were for Japan.  Exports of 500 MT were down 50 percent from the previous week, but up 72 percent from the prior 4-week average.  The destination was to Japan.

Sorghum:  Net sales of 315,100 MT for 2021/2022 resulting in increases for China (370,100 MT, including 55,000 MT switched from unknown destinations and decreases of 8,300 MT), were offset by reductions for unknown destinations (55,000 MT).  Exports of 176,700 MT were down 6 percent from the previous week, but up 46 percent from the prior 4-week average.  The destinations were primarily to China (175,500 MT).

Rice:  Net sales of 48,800 MT for 2021/2022 were up 51 percent from the previous week, but down 22 percent from the prior 4-week average.  Increases were primarily for Honduras (18,500 MT), Guatemala (13,100 MT, including decreases of 500 MT), Jordan (4,100 MT), Taiwan (3,000 MT), and Canada (2,400 MT).  Exports of 60,100 MT were down 42 percent from the previous week and 21 percent from the prior 4-week average.  The destinations were primarily to Guatemala (14,400 MT), Japan (13,000 MT), El Salvador (12,400 MT), Haiti (12,400 MT), and Canada (2,600 MT).

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

Export Adjustments:  Accumulated exports of long grain, rough rice to El Salvador were adjusted down 500 MT for week ending November 25^th.  The correct destination for this shipment is Costa Rica. 

Soybeans:  Net sales of 1,637,900 MT for 2021/2022 were up 54 percent from the previous week and 27 percent from the prior 4-week average.  Increases primarily for China (893,400 MT, including 334,000 MT switched from unknown destinations, 61,000 MT switched from the Netherlands, and decreases of 2,100 MT), Egypt (226,800 MT, including 55,000 MT switched from unknown destinations and decreases of 4,200 MT), Spain (134,200 MT, including 125,000 MT switched from unknown destinations), Mexico (96,800 MT, including decreases of 1,600 MT), and Indonesia (93,300 MT, including 55,000 MT switched from unknown destinations and decreases of 100 MT), were offset by reductions primarily for unknown destinations (306,400 MT).  Exports of 2,433,900 MT were up 5 percent from the previous week, but down 7 percent from the prior 4-week average.  The destinations were primarily to China (1,470,600 MT), Spain (134,200 MT), the Netherlands (130,300 MT), Mexico (126,900 MT), and Taiwan (93,200 MT).

Export for Own Account: For 2021/2022, the current exports for own account totaling 66,000 MT to Canada were applied to new or outstanding sales.  The current exports for own account outstanding balance is 34,600 MT, all Canada.

Soybean Cake and Meal:  Net sales of 202,500 MT for 2021/2022 were up 38 percent from the previous week and 9 percent from the prior 4-week average.  Increases primarily for Colombia (83,100 MT, including decreases of 8,300 MT), Venezuela (29,100 MT, including 6,500 MT switched from unknown destinations), Jamaica (17,500 MT), Mexico (16,400 MT), and Peru (10,000 MT), were offset by reductions primarily for unknown destinations (4,900 MT), the Dominican Republic (2,800 MT), and El Salvador (1,000 MT).  Net sales of 2,800 MT for 2022/2023 were reported for Japan (1,200 MT), the Netherlands (800 MT), and Canada (800 MT).  Exports of 305,200 MT–a marketing-year high–were up 16 percent from the previous week and 30 percent from the prior 4-week average.  The destinations were primarily to the Philippines (109,300 MT), Canada (32,500 MT), Venezuela (29,100 MT), the Dominican Republic (22,900 MT), and Colombia (22,400 MT). 

Optional Origin Sales:  For 2021/2022, new optional origin sales of 50,000 MT were reported for Venezuela.  The current outstanding balance of 50,000 MT is for Venezuela. 

Soybean Oil:  Net sales of 5,300 MT for 2021/2022 were down 89 percent from the previous week and 87 percent from the prior 4-week average.  Increases were reported for Mexico (2,200 MT), Honduras (2,000 MT), the Dominican Republic (600 MT), and Canada (500 MT).  Total net sales of 100 MT for 2022/2023 were for Canada.  Exports of 31,700 MT were down 29 percent from the previous week, but up 81percent from the prior 4-week average.  The destinations were to India (30,000 MT), Mexico (1,000 MT), Canada (600 MT), and Honduras (100 MT).

Cotton:  Net sales of 382,600 RB for 2021/2022 were up 2 percent from the previous week and 83 percent from the prior 4-week average.  Increases were primarily for China (147,700 RB), Turkey (96,100 RB), Vietnam (68,400 RB, including 200 RB switched from Japan), Pakistan (25,300 RB), and Thailand (11,700 RB).  Net sales of 18,100 RB for 2022/2023 primarily for Pakistan (15,000 RB), were offset by reductions for China (1,200 RB).  Exports of 114,800 RB were up 61 percent from the previous week and 37 percent from the prior 4-week average.  The destinations were primarily to China (32,400 RB), Mexico (16,000 RB), Turkey (10,200 RB), Peru (7,900 RB), and Indonesia (7,700 RB).  Net sales of Pima totaling 7,100 RB were up 10 percent from the previous week, but down 45 percent from the prior 4-week average.  Increases were primarily for Vietnam (3,500 RB), Pakistan (1,300 RB), India (500 RB), China (400 RB, including decreases of 900 RB), and Thailand (400 RB).  Total net sales of 900 RB for 2022/2023 were for Egypt.  Exports of 8,700 RB were up noticeably from the previous week and up 41 percent from the prior 4-week average.  The destinations were to India (3,600 RB), China (1,900 RB), Pakistan (1,500 RB), Egypt (1,300 RB), and Thailand (400 RB).

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 100 RB is for Vietnam. 

Hides and Skins:  Net sales of 280,300 pieces for 2021 were down 16 percent from the previous week and 42 percent from the prior 4-week average.  Increases primarily for China (159,100 whole cattle hides, including decreases of 6,200 pieces), South Korea (56,000 whole cattle hides, including decreases of 1,400 pieces), Brazil (24,300 whole cattle hides), Thailand (18,900 whole cattle hides, including decrease of 600 pieces), and Mexico (10,800 whole cattle hides, including decreases of 3,700 pieces), were offset by reductions for Indonesia (300 pieces).  Total net sales reductions of 100 kip skins were for Belgium.  Net sales of 15,200 pieces for 2022 were reported for China (8,400 whole cattle hides), Taiwan (3,600 whole cattle hides), and Mexico (3,200 whole cattle hides).  Exports of 373,700 pieces were unchanged from the previous week and from the prior 4-week average.  Whole cattle hide exports were primarily to China (277,600 pieces), South Korea (40,300 pieces), Mexico (21,600 pieces), Thailand (9,700 pieces), and Taiwan (7,400 pieces).  In addition, exports of 2,700 kip skins were to Belgium.

Net sales of 48,000 wet blues for 2021 were down 67 percent from the previous week and 47 percent from the prior 4-week average.  Increases were primarily for Vietnam (17,900 unsplit, including decreases of 100 unsplit), China (9,400 unsplit), Mexico (8,800 grain splits), Thailand (8,000 unsplit), and Italy (2,000 unsplit, 1,900 grain splits, and decreases of 400 unsplit).  Total net sales of 16,700 wet blues for 2022 were reported for Italy.  In addition, net sales 8,400 wet blues resulting in increases for Taiwan (10,800 unsplit), were offset by reductions for Italy (2,400 unsplit).  Exports of 103,900 wet blues were down 23 percent from the previous week and 13 percent from the prior 4-week average.  The destinations were to China (40,100 unsplit), Italy (36,600 unsplit and 1,600 grain splits), Vietnam (18,000 unsplit), Mexico (4,300 grain splits and 1,700 unsplit), and Brazil (1,600 grain splits).  No net sales of splits were reported for the week.  Exports of 122,200 pounds were to Vietnam (80,000 pounds) and China (42,200 pounds).

Beef:  Net sales of 4,200 MT for 2021–a marketing-year low–were down 80 percent from the previous week and 81 percent from the prior 4-week average.  Increases primarily for Canada (2,100 MT), China (2,000 MT, including decreases of 300 MT), Japan (1,800 MT, including decreases of 400 MT), Taiwan (700 MT, including decreases of 100 MT), and Mexico (700 MT, including decreases of 200 MT), were offset by reductions for South Korea (4,300 MT).  Net sales of 10,400 MT for 2022 were primarily for South Korea (8,200 MT), Taiwan (500 MT), Mexico (400 MT), Japan (300 MT), and China (300 MT).  Exports of 16,700 MT were up 1 percent from the previous week, but down 5 percent from the prior 4-week average.  The destinations were primarily to South Korea (4,400 MT), Japan (4,000 MT), China (3,300 MT), Taiwan (1,600 MT), and Mexico (1,200 MT). 

Pork:  Net sales of 19,800 MT for 2021 were down 52 percent from the previous week and 26 percent from the prior 4-week average.  Increases primarily for Mexico (11,700 MT, including decreases of 600 MT), Japan (3,700 MT, including decreases of 400 MT), South Korea (1,400 MT, including decreases of 200 MT), the Dominican Republic (700 MT, including decreases of 400 MT), and Colombia (500 MT, including decreases of 100 MT), were offset by reductions for Australia (200 MT), China (100 MT), and Peru (100 MT).  Net sales of 700 MT for 2022 primarily for Colombia (400 MT), Japan (300 MT), Australia (200 MT), and South Korea (100 MT), were offset by reductions for Canada (300 MT).  Exports of 33,500 MT were down 8 percent from the previous week, but up 2 percent from the prior 4-week average.t  The destinations were primarily to Mexico (17,000 MT), Japan (5,000 MT), China (3,600 MT), South Korea (2,900 MT), and Colombia (1,500 MT).