FW: FI Weekly USDA Export Sales Snapshot 05/29/20

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U.S. EXPORT SALES FOR WEEK ENDING 5/21/2020                               

	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	95.6	995.3	1,167.9	270.5	9,038.9	8,229.9	237.6	1,308.7
SRW	-5.5	175.3	233.0	13.0	2,268.0	3,129.1	47.9	385.7
HRS	88.2	1,121.8	539.9	152.1	6,840.9	6,612.5	95.3	648.0
WHITE	50.2	705.3	432.6	86.9	4,654.7	5,019.3	91.8	447.4
DURUM	-18.7	43.4	27.9	38.7	922.0	476.0	24.0	243.0
TOTAL	209.8	3,041.1	2,401.4	561.2	23,724.5	23,466.7	496.5	3,032.9
BARLEY	0.2	9.7	19.3	0.3	40.6	42.0	0.0	31.0
CORN	427.2	12,170.5	8,646.5	1,061.2	27,667.8	39,600.6	46.5	3,385.0
SORGHUM	180.9	1,322.3	525.0	141.4	2,531.1	1,034.7	0.0	195.0
SOYBEANS	644.3	6,719.2	11,825.0	331.8	35,442.9	34,346.9	203.0	2,332.4
SOY MEAL	127.2	2,152.6	2,789.4	225.1	7,811.7	8,105.7	44.7	279.8
SOY OIL	56.6	324.1	165.2	28.8	816.6	575.9	0.0	11.0
RICE
L G RGH	4.3	266.0	246.4	0.6	1,217.2	1,052.8	0.0	0.0
M S RGH	0.0	36.9	35.4	0.3	59.5	64.2	0.0	0.0
L G BRN	0.3	20.4	4.1	0.4	46.8	36.8	0.0	0.0
M&S BR	0.0	56.6	7.7	0.4	59.6	139.0	0.0	0.0
L G MLD	2.0	48.0	93.9	20.2	806.0	702.0	0.0	0.0
M S MLD	1.9	173.5	183.3	7.3	539.1	446.1	0.0	0.0
TOTAL	8.5	601.4	570.9	29.1	2,728.2	2,441.0	0.0	0.0
COTTON		THOUSAND RUNNING BALES
UPLAND	44.6	5,258.3	4,930.9	267.4	11,077.5	9,980.0	171.9	2,821.9
PIMA	10.1	145.2	188.4	1.4	411.6	520.5	0.0	33.8

 

 

 

Export Sales Highlights 

This summary is based on reports from exporters for the period May 15-21, 2020.

• Wheat:  Net sales of 209,800 metric tons for 2019/2020 were up 19 percent from the previous week, but down 23 percent from the prior 4-week average.  Increases primarily for Vietnam (60,000 MT), Venezuela (33,000 MT, all late – see below), Japan (31,400 MT, including decreases of 500 MT), Brazil (30,000 MT), and Ecuador (22,800 MT), were offset by reductions for Colombia (5,500 MT), Panama (2,000 MT), and Guatemala (1,000 MT).  For 2020/2021, net sales of 496,500 MT primarily for Japan (96,700 MT), South Korea (90,200 MT), the Philippines (62,000 MT), Indonesia (60,000 MT), and South Africa (53,000 MT), were offset by reductions for the Dominican Republic (800 MT).  Exports of 561,200 MT were up 53 percent from the previous week and 29 percent from the prior 4-week average.  The destinations were primarily to China (166,400 MT), Japan (92,400 MT, late 36,500 MT – see below), the Philippines (57,800 MT), Taiwan (51,000 MT), and Mexico (41,700 MT).  Late Reporting:  For 2019/2020, net sales totaling 33,000 MT were reported late.  These sales were reported for Venezuela.  For 2019/2020, exports totaling 127,200 MT were reported late.  The destinations were to Japan (36,500 MT), Venezuela (33,000 MT), Nigeria (32,200 MT), Italy (19,200 MT), and Spain (6,300 MT).
• Corn:  Net sales of 427,200 MT for 2019/2020 were down 52 percent from the previous week and 58 percent from the prior 4-week average.  Increases primarily for Japan (171,300 MT, including 44,800 MT switched from unknown destinations and decreases of 62,100 MT), Israel (87,700 MT, including 60,000 MT switched from unknown destinations and decreases of 2,300 MT), Mexico (80,400 MT, including decreases of 2,600 MT), South Korea (63,700 MT, including decreases of 1,400 MT), and Colombia (44,300 MT, including decreases of 5,000 MT), were offset by reductions primarily for unknown destinations (164,800 MT) and El Salvador (33,300 MT).  For 2020/2021, net sales of 46,500 MT were for unknown destinations (30,000 MT), El Salvador (15,000 MT), and Nicaragua (1,500 MT).  Exports of 1,061,200 MT were down 16 percent from the previous week and from the prior 4-week average.  The destinations were primarily to Mexico (321,200 MT), Japan (260,000 MT), Colombia (142,300 MT), Israel (110,700 MT), and Honduras (33,500 MT).  Optional Origin Sales:  For 2019/2020, options were exercised to export 65,000 MT to South Korea from the United States.  The current outstanding balance of 712,000 MT is for South Korea (452,000 MT), Vietnam (195,000 MT), and Taiwan (65,000 MT).  Export Adjustments:  Accumulated exports of corn to South Korea were adjusted down 67,350 MT for week ending April 16^th.  These exports were reported in error.
• Barley: Net sales of 200 MT for 2019/2020 were reported for Taiwan.  Exports of 300 MT were down 54 percent from the previous week and 31 percent from the prior 4-week average.  The destination was Taiwan.
• Sorghum:  Net sales of 180,900 MT for 2019/2020 were up noticeably from the previous week and up 65 percent from the prior 4-week average.  Increases were for China (180,100 MT, including 66,000 MT switched from unknown destinations) and unknown destinations (800 MT).  Exports of 141,400 MT were down 46 percent from the previous week and 17 percent from the prior 4-week average.  The destination was China.
• Rice:  Net sales of 8,500 MT for 2019/2020–a marketing-year low–were down 93 percent from the previous week and 85 percent from the prior 4-week average.  Increases primarily for Mexico (4,400 MT), Canada (1,700 MT), Japan (700 MT), Saudi Arabia (700 MT), and Honduras (500 MT), were offset by reductions for Haiti (200 MT).  Exports of 29,100 MT were down 76 percent from the previous week and 59 percent from the prior 4-week average.  The destinations were primarily to Haiti (15,100 MT), Mexico (3,500 MT), Canada (2,600 MT), Japan (2,500 MT), and South Korea (2,300 MT). Exports for Own Account:  For 2019/2020, the current exports for own account outstanding balance is 100 MT, all Canada.  Export Adjustments: Accumulated exports of long grain, milled rice to Guatemala were adjusted down 12,000 MT for week ending December 26^th.  The correct destination is Colombia and will be included in next week’s report. 
• Soybeans:  Net sales of 644,300 MT for 2019/2020 were down 47 percent from the previous week and 27 percent from the prior 4-week average.  Increases primarily for China (192,400 MT, including decreases of 600 MT), Mexico (175,000 MT, including 47,500 MT switched from unknown destinations and decreases of 900 MT), unknown destinations (104,400 MT), Egypt (49,000 MT, including 50,000 MT switched from unknown destinations and decreases of 1,000 MT), and Japan (35,900 MT, including decreases of 5,300 MT), were offset by reductions for Colombia (400 MT).  For 2020/2021, net sales of 203,000 MT were for China (200,000 MT) and Japan (3,000 MT).  Exports of 331,800 MT–a marketing-year low–were down 34 percent from the previous week and 32 percent from the prior 4-week average.  The destinations were primarily to Mexico (116,400 MT), Japan (60,900 MT), Egypt (49,000 MT), Indonesia (45,700 MT), and Malaysia (23,500 MT).  Exports for Own Account:  For 2019/2020, the current exports for own account outstanding balance is 2,100 MT, all Canada.
• Soybean Cake and Meal:  Net sales of 127,200 MT for 2019/2020 were down 36 percent from the previous week and 15 percent from the prior 4-week average.  Increases primarily for Colombia (54,000 MT, late 13,800 – see below), Mexico (31,900 MT), El Salvador (13,100 MT), Venezuela (11,000 MT, all late – see below), and Canada (9,600 MT, including decreases of 600 MT).  For 2020/2021, net sales of 44,700 MT primarily for unknown destinations (33,200 MT), Japan (6,400 MT), El Salvador (6,000 MT), Jamaica (5,000 MT), and Guatemala (2,000 MT), were offset by reductions for Colombia (9,000 MT).  Exports of 225,100 MT were up 8 percent from the previous week and 6 percent from the prior 4-week average.  The destinations were primarily to Mexico (66,900 MT), the Philippines (47,600 MT), Colombia (31,400 MT), Canada (20,900 MT), and Morocco (15,300 MT).  Late Reporting:  For 2019/2020, net sales totaling 24,800 MT were reported late.  These sales were reported for Colombia (13,800 MT) and Venezuela (11,000 MT).  For 2019/2020, exports totaling 24,800 MT of were reported late.  The destinations were to Colombia (13,800 MT) and Venezuela (11,000 MT).
• Soybean Oil:  Net sales of 56,600 MT for 2019/2020 were primarily for Colombia (26,000 MT), South Korea (19,500 MT), Venezuela (6,000 MT), Guatemala (2,900 MT), and Haiti (700 MT).  Exports of 28,800 MT were up noticeably from the previous week, but down 6 percent from the prior 4-week average.  The destinations were to Morocco (17,000 MT), Tunisia (7,000 MT), Costa Rica (3,000 MT), Mexico (1,300 MT), and Canada (300 MT).
• Cotton:  Net sales of 44,600 RB for 2019/2020 were down 65 percent from the previous week and 85 percent from the prior 4-week average.  Increases for China (58,600 RB), Vietnam (34,000 RB, including decreases of 6,300 RB), and Germany (200 RB), were offset by reductions primarily for Pakistan (12,100 RB), Thailand (9,200 RB), Turkey (8,800 RB), South Korea (7,400 RB), and Mexico (6,400 RB).  For 2020/2021, net sales of 171,900 RB were primarily for China (113,200 RB), Turkey (24,600 RB), Pakistan (11,400 RB), Thailand (9,700 RB), and South Korea (9,400 RB), were offset by reductions for Mexico (4,300 RB).  Exports of 267,400 RB were up 6 percent from the previous week, but down 4 percent from the prior 4-week average.  Exports were primarily to Vietnam (84,300 RB), China (55,300 RB), Pakistan (52,900 RB), Turkey (30,500 RB), and South Korea (10,500 RB).  Net sales of Pima totaling 10,100 RB were up noticeably from the previous week and from the from the prior 4-week average.  Increases were primarily for China (9,600 RB), Turkey (300 RB), and South Korea (200 RB).  Exports of 1,400 RB were down 70 percent from the previous week and 76 percent from the prior 4-week average.  The destinations were primarily to Pakistan (700 RB), Vietnam (300 RB), and India (200 RB). Exports for Own Account:  For 2019/2020, new exports for own account totaling 11,300 RB were to Vietnam.  The current exports for own account outstanding balance of 31,800 RB is for Vietnam (11,900 RB), China (10,700 RB), Indonesia (8,200 RB), and Bangladesh (1,000 RB). 

·         Hides and Skins: Net sales of 433,000 pieces for 2020 were up 22 percent from the previous week and 46 percent from the prior 4-week average.  Increases were reported for China (381,000 whole cattle hides, including decreases of 10,400 pieces), South Korea (43,000 whole cattle hides, including decreases of 700 pieces), Mexico (8,700 whole cattle hides, including decreases of 100 pieces), Indonesia (300 whole cattle hides, including decreases of 500 pieces), and Thailand (100 whole cattle hides, including decreases of 300 pieces), were offset by reductions for Japan (100 whole cattle hides).  Exports of 447,900 pieces reported for 2020 were up 7 percent from the previous week and 14 percent from the prior 4-week average.  Whole cattle hides exports were primarily to China (361,200 pieces), South Korea (44,000 pieces), Thailand (16,100 pieces), Indonesia (8,600 pieces), and Mexico (7,100 pieces). 

·         Net sales of 122,900 wet blues for 2020 were up noticeably from the previous week and from the prior 4-week average.  Increases reported for Mexico (54,000 grain splits), Italy (51,100 unsplit, including decreases of 400 unsplit), Thailand (16,200 unsplit, including decreases of 500 grain splits), and South Korea (4,100 grain splits), were offset by reductions for India (1,900 grain splits) and China (100 unsplit).  Exports of 89,600 wet blues for 2020 were up 45 percent from the previous week and 20 percent from the prior 4-week average.  The destinations were primarily to Italy (49,600 unsplit), Mexico (11,900 grain splits), Thailand (10,200 unsplit), South Korea (8,100 grain splits), and Vietnam (4,500 unsplit).  Net sales of 179,300 splits were for China (94,900 pounds) and Vietnam (84,400 pounds).  Exports of 113,100 pounds were to Vietnam.

·         Beef: Net sales of 11,500 MT reported for 2020 were up noticeably from the previous week and from the prior 4-week average.  Increases primarily for South Korea (5,400 MT, including decreases of 300 MT), Japan (3,000 MT, including decreases of 500 MT), China (1,600 MT), Taiwan (600 MT, including decreases of 200 MT), and Canada (500 MT, including decreases of 100 MT), were offset by reductions for Mexico (300 MT) and Chile (100 MT).  Exports of 11,300 MT were up 3 percent from the previous week, but down 10 percent from the prior 4-week average.  The destinations were primarily to Japan (4,500 MT), South Korea (3,100 MT), Hong Kong (1,200 MT), Taiwan (900 MT), and Canada (400 MT).  

·         Pork: Net sales of 20,600 MT reported for 2020 were primarily for Mexico (9,000 MT, including decreases of 300 MT), China (6,100 MT, including decreases of 700 MT), Canada (2,200 MT, including decreases of 300 MT), Japan (2,200 MT, including decreases of 500 MT), and Albania (400 MT).  Exports of 34,500 MT were down 31 percent from the previous week and 11 percent from the prior 4-week average.  The destinations were primarily to China (15,200 MT), Mexico (8,400 MT), Japan (2,800 MT), South Korea (2,000 MT), and Canada (1,800 MT).

 

 

FOREIGN AGRICULTURAL SERVICE/USDA

 

                                                                                                SUMMARY OF EXPORT TRANSACTIONS
                                                                                 REPORTED UNDER THE DAILY SALES REPORTING SYSTEM
                                                                                                FOR PERIOD ENDING MAY 21, 2020 

COMMODITY                                             DESTINATION                                            QUANITY (MT)                            MARKETING YEAR

SOYBEANS                                                 CHINA                                                           60,000 MT 1/                                2019/2020

SOYBEANS                                                 CHINA                                                           66,000 MT 1/                                2020/2021

 

1/ Export sales.