Wheat: Net sales of 607,600 metric tons for 2016/2017 were up 86 percent from the previous week and 49 percent from the prior 4-week average. Increases were reported for Mexico (130,100 MT), Indonesia (94,200 MT, including 30,000 MT switched from unknown destinations), unknown destinations (91,300 MT), Japan (63,200 MT), Guatemala (46,000 MT, switched from unknown destinations), and Chile (44,200 MT). Exports of 405,800 MT were down 30 percent from the previous week and 11 percent from the prior 4-week average. The primary destinations were Indonesia (104,200 MT), Colombia (79,800 MT), Mexico (61,000 MT), Chile (44,200 MT), South Korea (34,900 MT), and the Philippines (32,400 MT).
Exports for Own Account: The current exports for own account outstanding balance is 24,900 MT, all Canada.
Corn: Net sales of 594,900 MT for 2015/2016 were up 80 percent from the previous week and 34 percent from the prior 4-week average. Increases were reported for South Korea (198,200 MT, including 60,000 MT switched from unknown destinations), Saudi Arabia (137,800 MT, including 130,000 MT switched from unknown destinations), Egypt (127,200 MT, including 60,000 MT switched from unknown destinations), Mexico (88,700 MT), Taiwan (73,600 MT, including 65,000 MT switched from unknown destinations), and Japan (71,200 MT, including 58,000 MT switched unknown destinations). Reductions were reported for unknown destinations (352,400 MT) and Malaysia (12,000 MT). For 2016/2017, net sales of 1,015,600 MT were reported primarily for unknown destinations (583,000 MT), Mexico (282,500 MT), and Chile (90,000 MT). Exports of 1,444,200 MT were up 27 percent from the previous week and 16 percent from the prior 4-week average. The primary destinations were Mexico (254,900 MT), Japan (198,100 MT), South Korea (196,300 MT), Saudi Arabia (137,800 MT), Egypt (122,200 MT), and Colombia (118,000 MT).
Optional Origin Sales: For 2015/2016, decreases in optional origin sales totaling 58,000 MT were reported for unknown destinations. The current outstanding balance is 394,800 MT, all unknown destinations. For 2016/2017, the current outstanding balance is 65,000 MT, all Taiwan.
Barley: There were no sales or exports reported during the week.
Sorghum: Net sales of 60,400 MT for 2015/2016 were reported for China (49,600 MT, switched from unknown destinations), unknown destinations (8,000 MT), Colombia (2,500 MT), and Mexico (400 MT). For 2016/2017, net sales of 55,500 MT were reported for unknown destinations. Exports of 241,400 MT were up noticeably from the previous week and from the prior 4-week average. The destinations were China (213,000 MT), Colombia (27,500 MT), and Mexico (1,000 MT).
Rice: Net sales of 76,200 MT were reported for 2016/2017, which began August 1. Increases were reported for Venezuela (30,000 MT), Panama (29,600 MT), Haiti (7,300 MT), Mexico (5,100 MT), and Turkey (2,800 MT). A total of 244,900 MT in sales were outstanding on July 31 and carried over to 2016/2017. Accumulated exports in 2015/2016 totaled 3,359,600 MT up 3 percent from the prior year’s total of 3,267,000 MT. Exports for 2015/2016 totaled 59,100 MT and were primarily to Venezuela (30,000 MT), Haiti (21,600 MT), Mexico (2,600 MT), and Japan (1,100 MT).
Exports for Own Account: The current exports for own account outstanding balance is 100 MT, all Canada, and is carried over to 2016/2017.
Soybeans: Net sales of 308,000 MT for 2015/2016 resulted as increases for China (500,800 MT, including 335,000 MT switched from unknown destinations), Vietnam (70,800 MT, including 65,000 MT switched from unknown destinations), Spain (67,500 MT, including 65,000 MT switched from unknown destinations), the Netherlands (66,600 MT, including 70,000 MT switched from unknown destinations and decreases of 3,400 MT), and Pakistan (66,000 MT, including 65,000 MT switched from unknown destinations). Reductions were reported for unknown destinations (613,800 MT). For 2016/2017, net sales of 2,792,200 MT were reported primarily for China (1,844,000 MT), unknown destinations (743,000 MT), Mexico (153,000 MT), Japan (40,000 MT), and Taiwan (10,500 MT). Exports of 1,074,200 MT were up 49 percent from the previous week and up noticeably from the prior 4-week average. The primary destinations were China (496,100 MT), Vietnam (75,800 MT), Spain (67,500 MT), the Netherlands (66,600 MT), and Pakistan (66,000 MT).
Optional Origin Sales: For 2015/2016, the current optional origin outstanding sales balance is 423,000 MT, all China. For 2016/2017, the current outstanding balance is 63,000 MT, all China.
Exports for Own Account: The current exports for own account outstanding balance totals 500 MT, all Canada.
Soybean Cake and Meal: Net sales of 47,900 MT for 2015/2016 were down 36 percent from the previous week and 57 percent from the prior 4-week average. Increases were reported for Mexico (8,900 MT), Guatemala (8,500 MT, including 8,000 MT switched from unknown destinations), Venezuela (7,000 MT), Morocco (6,000 MT), and El Salvador (4,600 MT, including 3,600 MT switched from unknown destinations). Reductions were reported for unknown destinations (8,500 MT). For 2016/2017, net sales of 50,400 MT were reported primarily for unknown destinations (45,000 MT), Nicaragua (2,000 MT), Burma (1,000 MT), and Cambodia (1,000 MT). Exports of 79,200 MT were down 62 percent from the previous week and 59 percent from the prior 4-week average. The primary destinations were the Dominican Republic (14,100 MT), Mexico (11,000 MT), Canada (10,700 MT), the Philippines (9,300 MT), and Colombia (8,400 MT).
Optional Origin Sales: For 2015/2016, the current optional origin outstanding sales balance is 36,000 MT, all unknown destinations.
Soybean Oil: Net sales of 11,400 MT for 2015/2016 were down 35 percent from the previous week and 49 percent from the prior 4-week average. Increases were reported for Peru (7,000 MT), Mexico (3,000 MT), Canada (900 MT), and the Dominican Republic (500 MT). For 2016/2017, net sales of 1,000 MT were reported for Mexico (500 MT) and the Dominican Republic (500 MT). Exports of 20,300 MT were down 53 percent from the previous week and 31 percent from the prior 4-week average. The primary destinations were Algeria (14,700 MT), Mexico (4,500 MT), and Canada (1,000 MT).
Cotton: Net sales for 2016/2017, which began August 1, totaled 132,000 RB. Increases reported for Turkey (30,600 RB), Vietnam (23,100 RB), South Korea (18,000 RB), Indonesia (13,600 RB, including 500 RB switched from Japan), and Taiwan (12,600 RB), were partially offset by decreases for El Salvador (400 RB). A total of 680,800 RB in sales were carried over from the 2015/2016 marketing year, which ended July 31. Exports for the period ending July 31 of 85,600 RB brought accumulated exports to 8,419,600 RB, down 20 percent from the prior year’s total of 10,535,100 RB. The primary destinations were Indonesia (32,800 RB), Vietnam (26,100 RB), South Korea (4,500 RB), Mexico (3,500 RB), and China (3,400 RB). Exports for August 1-4 totaled 111,800 RB, with Vietnam (23,600 RB), Pakistan (17,900 RB), India (11,300 RB), Turkey (10,000 RB), and Mexico (9,900 RB) being the primary destinations. Net sales of Pima for 2016/2017 totaled 9,000 RB. Increases reported for India (6,600 RB), Pakistan (1,700 RB), Vietnam (500 RB), and South Korea (200 RB), were partially offset by decreases for Japan (100 RB). A total of 55,400 RB in sales were carried over from the 2015/2016 marketing year, which ended July 31. Exports for the period ending July 31 of 1,700 RB brought accumulated exports to 513,300 RB, up 30 percent from the prior year’s total of 394,000 RB. The destinations were India (1,100 RB), Japan (300 RB), and Thailand (100 RB). Exports for August 1-4 totaled 6,000 RB, with India (3,700 RB), China (1,900 RB), and Peru (300 RB) being the primary destinations.
Exports for Own Account: New exports for own account totaling 869 RB were reported to India (522 RB) and Indonesia (347 RB). Exports for own account totaling 23,545 RB to Indonesia were applied to new or outstanding sales. Decreases totaling 33,943 RB were reported to China (33,943 RB). The current outstanding balance of 522 RB is for India and is carried over to 2016/2017.
Hides and Skins: Net sales of 314,700 pieces for 2016 were down 32 percent from the previous week, but up 4 percent from the prior-4 week average. Whole cattle hide sales of 306,500 pieces were for China (193,200 pieces), South Korea (44,000 pieces), Thailand (33,100 pieces), Mexico (14,600 pieces), and Vietnam (6,900 pieces). Exports of 408,700 pieces, all whole cattle hides, were down 6 percent from the previous week, but up 10 percent from the prior 4-week average. The primary destinations were China (243,700 pieces), South Korea (86,200 pieces), Mexico (35,600 pieces), Taiwan (14,400 pieces), and Thailand (12,300 pieces).
Net sales of 103,300 wet blues for 2016 were down 24 percent from the previous week and 7 percent from the prior 4-week average. Increases were reported for Italy (82,800 unsplit), China (34,000 unsplit and 4,500 grain splits), Vietnam (7,600 unsplit), and the Dominican Republic (7,200 unsplit). Reductions were reported for Thailand (20,500 grain splits and 200 unsplit), Japan (12,500 unsplit), and Hong Kong (1,200 grain splits). Exports of 141,700 wet blues were up 24 percent from the previous week and 14 percent from the prior 4-week average. Exports were primarily to China (41,200 unsplit and 17,000 grain splits), Italy (29,700 unsplit and 3,600 grain splits), and the Dominican Republic (14,200 unsplit). Net sales of splits totaling 17,200 pounds for 2016 resulted as increases for Italy (11,800 pounds), Hong Kong (7,700 pounds), South Korea (4,700 pounds), and Taiwan (1,200 pounds), were partially offset by reductions for China (6,400 pounds) and Vietnam (1,900 pounds). Exports of 663,300 pounds were reported to Vietnam (284,800 pounds), China (255,300 pounds), Hong Kong (119,300 pounds), and South Korea (4,000 pounds).
Beef: Net sales of 23,300 MT for 2016 were up noticeably from the previous week and up 60 percent from the prior 4-week average. Increases were reported for Japan (13,600 MT), Hong Kong (3,100 MT), South Korea (3,100 MT), Mexico (1,300 MT), and Taiwan (900 MT). For 2017, net sales of 300 MT were reported for South Korea. Exports of 14,300 MT were down 3 percent from the previous week, but up 4 percent from the prior 4-week average. The primary destinations were Japan (4,900 MT), South Korea (3,600 MT), Mexico (1,800 MT), Hong Kong (1,200 MT), and Taiwan (1,200 MT).
Pork: Net sales of 17,400 MT for 2016 were up 20 percent from the previous week and 63 percent from the prior 4-week average. Increases were reported for Japan (4,500 MT), Mexico (3,400 MT), Hong Kong (2,100 MT), Canada (2,000 MT), and Australia (1,500 MT). Exports of 17,300 MT were down 8 percent from the previous week and 5 percent from the prior 4-week average. The primary destinations were Mexico (6,000 MT), Japan (4,000 MT), Canada (1,700 MT), China (1,300 MT), and South Korea (1,200 MT).
Source USDA