FW: FI Weekly USDA Export Sales Snapshot 09/07/18

PDF attached

 

Ok soybeans and meal, poor soybean oil. Corn and wheat were ok.

 

 

 

U.S. EXPORT SALES FOR WEEK ENDING 8/30/2018

 

 

 

	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	124.9	1,414.6	1,700.9	22.8	1,287.1	2,968.2	0.0	0.0
SRW	18.4	551.5	576.7	36.6	640.1	650.6	0.0	0.0
HRS	116.1	1,313.4	1,427.4	120.4	1,527.4	1,926.1	0.0	0.0
WHITE	97.6	943.1	1,284.8	85.9	1,433.9	1,721.5	0.0	0.0
DURUM	22.8	173.3	98.9	21.3	66.8	104.0	0.0	0.0
TOTAL	379.8	4,396.0	5,088.7	287.0	4,955.3	7,370.3	0.0	0.0
BARLEY	0.4	40.1	28.0	0.6	12.3	8.2	0.0	0.0
CORN	30.1	3,362.1	1,010.5	1,208.4	57,209.4	55,394.8	1,032.9	11,471.0
SORGHUM	-2.3	5.8	342.3	1.0	5,080.4	4,830.3	10.2	40.2
SOYBEANS	0.6	2,658.8	2,359.0	723.4	56,214.4	58,117.6	672.6	13,890.4
SOY MEAL	69.3	1,348.5	1,006.0	167.0	11,150.6	9,445.4	289.5	1,745.1
SOY OIL	-3.7	90.0	68.3	42.7	967.3	1,054.5	1.3	41.9
RICE
L G RGH	13.3	200.4	158.3	8.0	81.8	102.6	0.0	0.0
M S RGH	-2.5	0.0	11.2	0.0	0.0	0.0	0.0	0.0
L G BRN	4.1	5.3	1.2	0.5	1.7	0.5	0.0	0.0
M&S BR	0.1	0.2	4.1	0.1	0.4	0.2	0.0	0.0
L G MLD	7.5	113.9	233.2	19.6	78.2	32.1	0.0	0.0
M S MLD	3.9	46.1	36.2	2.7	40.4	22.3	0.0	0.0
TOTAL	26.3	366.0	444.3	30.9	202.5	157.7	0.0	0.0
COTTON		THOUSAND RUNNING BALES
UPLAND	92.2	7,962.9	5,897.4	177.3	790.7	856.7	0.0	1,370.3
PIMA	10.5	227.6	197.8	10.5	30.7	15.7	0.0	24.9

 

Export Sales Highlights 

This summary is based on reports from exporters for the period August 24-30, 2018.

Wheat:  Net sales of 379,800 MT for 2018/2019 were down 8 percent from the previous week and 14 percent from the prior 4-week average.  Increases were reported for South Korea (124,000 MT, including 11,800 MT switched from unknown destinations), the Philippines (115,800 MT, including 44,100 MT switched from unknown destinations), Mexico (78,400 MT, including decreases of 5,400 MT), Thailand (50,000 MT), and Malaysia (39,100 MT, including 37,400 MT switched from unknown destinations and decreases of 400 MT).  Reductions were for unknown destinations (120,100 MT) and Japan (11,500 MT).  Exports of 287,000 MT were down 29 percent from the previous week and 31 percent from the prior 4-week average.  The destinations were primarily to the Philippines (110,800 MT), Mexico (54,300 MT), Malaysia (37,700 MT), South Korea (34,300 MT), and Belgium (21,300 MT). 

Corn:  Net sales of 30,100 MT for 2017/2018–a marketing-year low–were down 83 percent from the previous week and 90 percent from the prior 4-week average.  Increases were reported for Mexico (133,400 MT, including 26,000 MT switched from unknown destinations and decreases of 7,000 MT), Saudi Arabia (70,100 MT, including 65,000 MT switched from unknown destinations), South Korea (64,700 MT, including 69,000 MT switched from unknown destinations and decreases of 4,300 MT), Japan (61,200 MT, including 67,300 MT switched from unknown destinations and decreases of 6,100 MT), and Israel (49,400 MT, including 50,000 MT switched from unknown destinations and decreases of 600 MT).  Reductions were primarily for unknown destinations (433,300 MT).  For 2018/2019, net sales of 1,032,900 MT were reported for Mexico (346,200 MT), unknown destinations (298,800 MT), and Japan (104,600 MT).  Exports of 1,208,400 MT were down 10 percent from the previous week and 8 percent from the prior 4-week average.  The destinations were primarily to Mexico (436,200 MT), Japan (244,300 MT), Taiwan (87,900 MT), Saudi Arabia (70,100 MT), and South Korea (68,900 MT). 

Optional Origin Sales:  For 2018/2019, the current outstanding balance of 965,000 MT is for South Korea (412,000 MT), unknown destinations (298,000 MT), Vietnam (130,000 MT), Saudi Arabia (70,000 MT), and Malaysia (55,000 MT).

Barley:  Net sales of 400 MT for 2018/2019 were for South Korea.  Exports of 600 MT were to Japan (300 MT) and Taiwan (300 MT).

Sorghum:  Net sales reductions of 2,300 MT for 2017/2018 were for Burma.  For 2018/2019, net sales of 10,200 MT were reported for Japan.  Exports of 1,000 MT were to Mexico.

Rice:  Net sales of 26,300 MT for 2018/2019 were reported for Honduras (8,800 MT), Guatemala (5,000 MT), Mexico (3,100 MT, including decreases of 1,300 MT), Costa Rica (2,800 MT), and El Salvador (2,000 MT, including decreases of 300 MT).  Exports of 30,900 MT were primarily to Haiti (15,000 MT), Mexico (5,100 MT), El Salvador (3,500 MT), Canada (2,200 MT), and Saudi Arabia (2,000 MT).

Soybeans:  Net sales of 600 MT for 2017/2018 were down 100 percent from the previous week and from the prior 4-week average.  Increases were reported for Iran (140,800 MT, including 125,000 MT switched from unknown destinations), Spain (70,500 MT, including 65,000 MT switched from unknown destinations), Pakistan (69,400 MT, including 66,000 MT switched from unknown destinations), the United Kingdom (66,900 MT, including 60,900 MT switched from unknown destinations), and Argentina (35,000 MT, including 40,000 MT switched from unknown destinations and decreases of 5,000 MT).  Reductions were for unknown destinations (354,400 MT), Mexico (79,400 MT), Portugal (25,000 MT), and Canada (20,400 MT).  For 2018/2019, net sales of 672,600 MT reported for unknown destinations (423,500 MT), Thailand (115,600 MT), Argentina (60,000 MT), and Mexico (33,700 MT), were partially offset by reductions for China (66,000 MT).  Exports of 723,400 MT were down 26 percent from the previous week and 7 percent from the prior 4-week average.  The destinations included Iran (140,800 MT), Spain (120,500 MT), Taiwan (72,500 MT), Pakistan (69,400 MT), and the United Kingdom (66,900 MT). 

Optional Origin Sales: For 2018/2019, the current outstanding balance of 63,000 MT is for unknown destinations.

Export for Own Account:  The current exports for own account outstanding balance is 130,900 MT, all Canada.

Soybean Cake and Meal:  Net sales of 69,300 MT for 2017/2018 were up noticeably from the previous week, but down 45 percent from the prior 4-week average.  Increases were reported for Mexico (23,000 MT), Vietnam (20,000 MT), Canada (11,700 MT, including decreases of 600 MT), Colombia (10,800 MT, including 10,000 MT switched from unknown destinations and decreases of 1,500 MT), and the Philippines (9,000 MT).  Reductions were reported for Israel (16,000 MT) and unknown destinations (12,000 MT).  For 2018/2019, net sales of 289,500 MT were reported for Mexico (192,700 MT), Canada (37,600 MT), and Israel (16,000 MT).  Exports of 167,000 MT were down 34 percent from the previous week and 26 percent from the prior 4-week average.  The primary destinations were Morocco (32,800 MT), the Philippines (27,200 MT), Mexico (16,500 MT), Colombia (15,700 MT), and Canada (12,600 MT). 

Soybean Oil:  Net sales reductions of 3,700 MT for 2017/2018 were down noticeably from the previous week and from the prior 4-week average.  Increases reported for Mexico (2,100 MT) and Nicaragua (2,000 MT), were more than offset by reductions for Guatemala (5,000 MT) and Peru (3,000 MT).  For 2018/2019, net sales of 1,300 MT were reported for Honduras (1,000 MT) and Mexico (300 MT).  Exports of 42,700 MT were up noticeably from the previous week and from the prior 4-week average.  The primary destinations were Peru (18,300 MT), South Korea (15,000 MT), Mexico (5,000 MT), and Colombia (4,100 MT). 

Cotton:  Net sales of 92,200 RB for 2018/2019 were reported for China (24,500 RB, including decreases of 4,500 RB), Vietnam (23,500 RB, including decreases of 3,200 RB), Indonesia (15,600 RB, including 900 RB switched from Thailand, 600 RB switched from Japan, and decreases of 600 RB), Pakistan (10,600 RB, including decreases of 100 RB), and Ecuador (6,600 RB).  Reductions were reported for India (1,900 RB) and Japan (1,200 RB).  Exports of 177,300 RB were primarily to Vietnam (36,900 RB), Turkey (20,600 RB), China (15,100 RB), Indonesia (13,300 RB), and Mexico (12,800 RB).  Net sales of Pima totaling 10,500 RB for 2018/2019 were reported for China (7,000 MT), India (2,800 RB), and Thailand (700 RB).  Exports of 10,500 RB were primarily to India (6,400 RB), China (3,100 RB), Japan (500 RB), and Pakistan (200 RB).  

Optional Origin Sales:  For 2018/2019, options were exercised to export 4,400 RB to Indonesia from other than the United States.  The current optional origin outstanding balance is for Vietnam (1,800 RB).  

Exports for Own Account:  The current exports for own account outstanding balance is 7,400 RB, all China.

Hides and Skins: Net sales of 389,600 pieces reported for 2018 were down 5 percent from the previous week and 31 percent from the prior 4-week average.  Whole cattle hide sales totaling 390,300 pieces were primarily for China (168,600 pieces, including decreases of 31,200 pieces), Indonesia (68,600 pieces, including decreases of 100 pieces), South Korea (52,100 pieces, including decreases of 2,400 pieces), Taiwan (35,200 pieces, including decreases of 200 pieces), and Thailand (27,600 pieces, including decreases of 4,600 pieces).  Reductions were reported for Italy (600 pieces).  Exports of 516,800 pieces reported for 2018 were down 4 percent from the previous week, but up 12 percent from the prior 4-week average.  Whole cattle hide exports of 509,100 pieces were primarily to China (253,300 pieces), South Korea (102,100 pieces), Thailand (50,000 pieces), Indonesia (37,200 pieces), and Mexico (35,900 pieces). 

Net sales of 216,200 wet blues for 2018 were up 57 percent from the previous week and 65 percent from the prior 4-week average.  Increases were reported for China (171,900 unsplit), Vietnam (25,600 unsplit), Thailand (9,900 unsplit and 3,000 grain splits), South Korea (2,700 grain splits), and Italy (2,100 grain splits).  Reductions were reported for Mexico (400 grain splits), Italy (400 unsplit), and Japan (100 grain splits).  Exports of 149,100 wet blues for 2018 were down 1 percent from the previous week and 14 percent from the prior 4-week average.  The primary destinations were Italy (48,100 unsplit and 11,100 grain splits), China (36,500 unsplit), Vietnam (16,900 unsplit), Thailand (12,600 unsplit), and Mexico (5,900 unsplit and 5,400 grain splits).  Net sales splits totaling 446,000 pounds for 2018 were up noticeably from the previous week and from the prior 4-week average.  The destinations were Vietnam (396,000 pounds) and China (50,000 pounds).  Exports of 401,800 pounds were down 48 percent from the previous week and 37 percent from the prior 4-week average.  The destination was Vietnam.

Beef: Net sales of 23,900 MT for 2018 were up 16 percent from the previous week and 23 percent from the prior 4-week average.  Increases were primarily for Hong Kong (11,100 MT, including decreases of 200 MT), Japan (4,800 MT, including decreases of 1,000 MT), South Korea (3,100 MT, including decreases of 400 MT), Taiwan (1,700 MT, including decreases of 100 MT), and Mexico (1,300 MT, including decreases of 300 MT).  For 2019, net sales of 100 MT were primarily for Japan.  Exports of 17,200 MT were down 4 percent from the previous week and 2 percent from the prior 4-week average.  The primary destinations were Japan (5,200 MT), South Korea (4,600 MT), Hong Kong (1,900 MT), Mexico (1,800 MT), and Taiwan (1,200 MT).

Pork: Net sales of 19,200 MT for 2018 were down 34 percent from the previous week and 29 percent from the prior 4-week average.  Increases were reported for Mexico (4,000 MT), South Korea (2,600 MT), Canada (2,600 MT), Hong Kong (2,600 MT), and Colombia (2,200 MT).  For 2019, net sales of 2,700 MT were primarily reported for Australia.  Exports of 21,300 MT were down 3 percent from the previous week, but up 12 percent from the prior 4-week average.  The primary destinations were Mexico (7,900 MT), Japan (3,300 MT), South Korea (2,200 MT), Hong Kong (2,000 MT), and Canada (1,600 MT).

September 7, 2018                                          1                                  FOREIGN AGRICULTURAL SERVICE/USDA

 

                                                                                                     SUMMARY OF EXPORT TRANSACTION

                                                                                          REPORTED UNDER THE DAILY REPORTING SYSTEM                                                        

                                                                                                         FOR PERIOD ENDING AUGUST 30, 2018

 

                                   COMMODITY                                      DESTINATION                               QUANTITY                    MARKETING YEAR                                                               

   CORN                                                    MEXICO                                        100,611  MT 1/                    2018/2019

   CORN                                                    UNKNOWN                                   273,800  MT 1/                    2018/2019

   SOYBEANS                                          UNKNOWN                                   250,000  MT 1/                    2018/2019

   SOYBEAN CAKE AND MEAL           MEXICO                                        146,781  MT 1/                    2018/2019 

   SOYBEAN CAKE AND MEAL           MEXICO                                          52,081  MT 1/                    2019/2020

                                   

1/ Export sales.