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Weekly Export Sales for August 6th

Export Sales Highlights 

 

This summary is based on reports from exporters for the period July 24-30, 2020.

 

 Wheat:  Net sales of 605,500 metric tons (MT) for 2020/2021 were down 11 percent from the previous week, but up 2 percent from the prior 4-week average.  Increases primarily for China (85,000 MT, including decreases of 3,000 MT), Indonesia (78,000 MT, including 57,800 MT switched from China), Brazil (63,500 MT, including 3,500 MT switched from unknown destinations), Thailand (61,200 MT), and Nigeria (51,500 MT, including decreases of 61,000 MT), were offset by reductions for Italy (1,900 MT) and Sri Lanka (1,000 MT).  Exports of 598,100 MT were up 18 percent from the previous week and 15 percent from the prior 4-week average.  The destinations were primarily to Indonesia (115,500 MT), the Philippines (102,800 MT), Japan (91,200 MT), Mexico (60,500 MT), and South Korea (56,400 MT).

 Corn:  Net sales of 101,600 MT for 2019/2020 were down noticeably from the previous week and down 70 percent from the prior 4-week average.  Increases primarily for Colombia (108,600 MT, including 49,500 MT switched from unknown destinations and decreases of 19,700 MT), Mexico (83,100 MT, including decreases of 1,500 MT), Japan (9,000 MT, including 46,600 MT switched from unknown destinations and decreases of 2,300 MT), Canada (7,200 MT, including decreases of 200 MT), and Jamaica (4,900 MT, including decreases of 2,000 MT), were offset by reductions for unknown destinations (102,700 MT), Honduras (7,800 MT), Venezuela (5,500 MT), Taiwan (4,500 MT), and Nicaragua (3,500 MT).  For 2020/2021, net sales of 2,600,000 MT primarily for China (1,937,000 MT), unknown destinations (276,000 MT), Mexico (252,500 MT), Colombia (84,000 MT), and Taiwan (18,500 MT) were offset by reductions for Japan (18,000 MT) and Nicaragua (8,500 MT).  Exports of 685,500 MT were down 29 percent from the previous week and 34 percent from the prior 4-week average.  The destinations were primarily to Japan (296,700 MT), Mexico (184,700 MT), Colombia (109,600 MT), Peru (38,200 MT), and El Salvador (26,600 MT).

 Optional Origin Sales:  For 2019/2020, the current outstanding balance of 455,000 MT is for South Korea (325,000 MT), Vietnam (65,000 MT), and Taiwan (65,000 MT).  For 2020/2021, the current outstanding balance of 260,000 MT is for Vietnam (195,000 MT) and South Korea (65,000 MT).

 Barley:  Net sales of 600 MT for 2020/2021 were reported for Japan.  Exports of 300 MT were to South Korea

Sorghum:  Net sales reductions of 13,300 MT for 2019/2020 were down noticeably from the previous week and from the prior 4-week average.  Increases reported for China (107,100 MT, including 118,400 MT switched from unknown destinations and decreases of 13,900 MT) and Japan (100 MT), were offset by reductions for unknown destinations 120,500 MT).  For 2020/2021, net sales of 211,600 MT were for unknown destinations (136,000 MT) and China (75,600 MT).  Exports of 171,600 MT were up noticeably from the previous week and from the prior 4-week average.  The destinations were primarily to China (171,600 MT).

 Rice:  Net sales of 2,600 MT for 2019/2020 were down 89 percent from the previous week and 87 percent from the prior 4-week average.  Increases primarily for Haiti (1,900 MT, including decreases of 100 MT), and Canada (900 MT), were offset by reductions for Liberia (300 MT).  For 2020/2021, net sales of 5,200 MT were primarily for Japan (2,000 MT), Mexico (1,500 MT), Canada (600 MT), Taiwan (500 MT), and New Zealand (100 MT).  Exports of 49,100 MT were up noticeably from the previous week and up 84 percent from the prior 4-week average.  The destinations were primarily to Haiti (30,300 MT), Japan (13,700 MT), Canada (1,900 MT), Mexico (1,300 MT), and Saudi Arabia (800 MT).

 Soybeans:  Net sales of 345,200 MT for 2019/2020 were up 72 percent from the previous week, but down 22 percent from the prior 4-week average.  Increases primarily for Germany (183,000 MT), Indonesia (67,500 MT, including 55,000 MT switched from unknown destinations and decreases of 4,200 MT), China (58,700 MT, including 65,000 MT switched from unknown destinations and decreases of 66,000 MT), Bangladesh (54,700 MT, including 55,000 MT switched from unknown destinations and decreases of 3,100 MT), and Egypt (53,400 MT), were offset by reductions primarily for unknown destinations (188,200 MT).  For 2020/2021, net sales of 1,405,000 MT were primarily for China (474,000 MT), Mexico (351,900 MT), unknown destinations (212,500 MT), Egypt (107,000 MT), and Pakistan (70,000 MT).  Exports of 814,100 MT were up 32 percent from the previous week and 57 percent from the prior 4-week average.  The destinations were primarily to Germany (183,000 MT), China (130,300 MT), Bangladesh (113,700 MT), Indonesia (84,300 MT), and Mexico (77,600 MT).

 Exports for Own Account:  For 2019/2020, the current exports for own account outstanding balance is 2,100 MT, all Canada.

 Export Adjustments:  Accumulated export of soybeans to the Netherlands were adjusted down 68,386 MT for week ending May 7th, 57,683 MT for week ending July 16th, and 56,918 MT for week ending July 23rd.  The correct destination for these shipments is Germany and is included in this week’s report.

 Soybean Cake and Meal:  Net sales of 328,300 MT for 2019/2020 were up 26 percent from the previous week and up noticeably from the prior 4-week average.  Increases primarily for the Philippines (223,200 MT, including decreases of 1,100 MT), Colombia (37,300 MT, including decreases of 1,400 MT), Mexico (28,500 MT), Venezuela (20,000 MT), and Canada (10,300 MT, including decreases of 600 MT), were offset by reductions for unknown destinations (2,800 MT), Costa Rica (1,300 MT), and Jamaica (400 MT).  For 2020/2021, net sales of 203,900 MT were primarily for Spain (94,000 MT), Vietnam (50,000 MT), Colombia (29,000 MT), Canada (10,300 MT), and Honduras (7,200 MT).  Exports of 232,500 MT were up 25 percent from the previous week and 3 percent from the prior 4-week average.  The destinations were primarily to the Philippines (76,500 MT), Mexico (38,500 MT), Colombia (33,800 MT), Australia (25,000 MT), and Canada (23,700 MT).

Soybean Oil:  Net sales of 24,400 MT for 2019/2020 primarily for Guatemala (12,000 MT), China (8,600 MT, switched from South Korea), the Dominican Republic (7,200 MT, including decreases of 5,900 MT), Nicaragua (2,000 MT), Costa Rica (2,000 MT), were offset by reductions for South Korea (8,600 MT).  For 2020/2021, net sales of 11,100 MT were for South Korea (8,000 MT) and Mexico (3,100 MT).  Exports of 47,500 MT were up noticeably from the previous week and from the prior 4-week average.  The destinations were primarily to China (20,000 MT), South Korea (16,000 MT), the Dominican Republic (8,100 MT), Mexico (2,200 MT), and Guatemala (600 MT).

 Cotton:  Net sales reductions of 68,500 RB for 2019/2020 were down noticeably from the previous week and from the prior 4-week average.  Increases primarily for Egypt (5,800 RB switched from Turkey), Malaysia (1,400 RB switched from Indonesia), and China (600 RB), were more than offset by reductions primarily for Vietnam (61,300 RB), Turkey (5,900 RB), South Korea (3,500 RB), El Salvador (2,100 RB), and Indonesia (1,800 RB).  For 2020/2021, net sales of 130,800 RB were primarily for China (46,900 RB), Vietnam (22,100 RB), Indonesia (13,000 RB), Bangladesh (11,000 RB), and Pakistan (8,200 RB).  Exports of 346,800 RB were up 8 percent from the previous week and 13 percent from the prior 4-week average.  Exports were primarily to China (116,700 RB), Vietnam (103,300 RB), Pakistan (28,900 RB), Turkey (21,200 RB), and Bangladesh (18,500 RB).  No net sales of Pima for 2020/2021 were reported for the week.  For 2020/2021, net sales of 13,300 RB were primarily for El Salvador (2,600 RB), India (2,500 RB), Austria (2,100 RB), Pakistan (2,100 RB), and Bangladesh (1,100 RB).  Exports of 16,300 RB were up noticeably from the previous week and from the prior 4-week average.  The destinations were primarily to India (6,600 RB), China (5,200 RB), Djibouti (2,200 RB), Pakistan (1,000 RB), and Peru (900 RB).

Exports for Own Account:  For 2019/2020, new exports for own account totaling 1,000 RB were to China (400 RB), Vietnam (100 RB), and Malaysia (500 RB).  Exports for own account totaling 12,800 RB primarily for Vietnam (9,000 RB) and China (3,300 RB) were applied to new or outstanding sales. The current exports for own account outstanding balance of 19,600 RB is for China (11,400 RB), Indonesia (3,900 RB), Bangladesh (2,500 RB), Vietnam (1,300 RB), and Malaysia (400 RB).

 Hides and Skins: Net sales of 329,500 pieces for 2020 were down 26 percent from the previous week and 37 percent from the prior 4-week average.  Increases primarily for China (265,100 whole cattle hides, including decreases of 31,700 pieces), South Korea (31,700 whole cattle hides, including decreases of  3,500 pieces), Mexico (30,200 whole cattle hides, including decreases of 600 pieces), Vietnam (2,400 whole cattle hides), and Thailand (600 whole cattle hides, including decreases of 100 pieces), were offset by reductions primarily for Brazil (600 whole cattle hides).  Exports of 482,500 pieces reported for 2020 were down 11 percent from the previous week, but up 1 percent from the prior 4-week average.  Whole cattle hides exports were primarily to China (387,600 pieces), Mexico (35,500 pieces), South Korea (25,100 pieces), Brazil (9,100 pieces), and Turkey (8,100 pieces).

 Net sales of 80,800 wet blues for 2020 were down 39 percent from the previous week and 4 percent from the prior 4-week average.  Increases primarily for Italy (53,300 grain splits, 3,800 unsplit, and decreases of 200 unsplit), Vietnam (13,400 unsplit and 100 grain splits), Mexico (7,000 grain splits, including decreases of 300 grain splits and 100 unsplit), and the Dominican Republic (2,800 grain splits), were offset by reductions for China (200 unsplit).  Exports of 149,100 wet blues for 2020 were up 48 percent from the previous week and 92 percent from the prior 4-week average.  The destinations were primarily to Italy (50,100 unsplit and 10,800 grain splits), China (60,800 unsplit), Vietnam (6,600 unsplit and 3,700 grain splits), Thailand (6,400 unsplit), and Mexico (3,700 grain splits and 1,600 MT unsplit).  Net sales of 689,700 splits were primarily for Vietnam (643,200 pounds).  Exports of 120,300 pounds were to Vietnam.

 Beef: Net sales of 13,400 MT reported for 2020 were down 55 percent from the previous week and 35 percent from the prior 4-week average.  Increases primarily for Japan (4,600 MT, including decreases of 600 MT), South Korea (3,200 MT, including decreases of 400 MT), Canada (1,200 MT, including decreases of 100 MT), Taiwan (1,100 MT, including decreases 100 MT), and Indonesia (900 MT), were offset by reductions primarily for Chile (100 MT).  For 2021, net sales of 1,700 MT were primarily for Mexico.  Exports of 17,600 MT were down 4 percent from the previous week, but up 8 percent from the prior 4-week average.  The destinations were primarily to South Korea (5,600 MT), Japan (4,900 MT), Taiwan (1,800 MT), Canada (1,200 MT), and Mexico (1,100 MT).

 Pork: Net sales of 30,300 MT reported for 2020 were down 23 percent from the previous week and 14 percent from the prior 4-week average.  Increases were primarily for Mexico (12,900 MT, including decreases of 200 MT), China (5,600 MT, including decreases of 3,000 MT), Canada

(2,700 MT, including decreases of 400 MT), South Korea (2,200 MT, including decreases of 600 MT), and Japan (2,100 MT, including decreases of 400 MT).  Exports of 34,400 MT were up 9 percent from the previous week and 6 percent from the prior 4-week average.  The destinations were primarily to Mexico (11,600 MT), China (9,000 MT), Japan (4,100 MT), Canada (2,300 MT), and South Korea (2,200 MT).

 August 6, 2020                                   1                                                                         FOREIGN AGRICULTURAL SERVICE/USDA

                                                                                                 SUMMARY OF EXPORT TRANSACTIONS
REPORTED UNDER THE DAILY SALES REPORTING SYSTEM
FOR PERIOD ENDING JULY 30, 2020

COMMODITY                                             DESTINATION                                            QUANITY (MT)                            MARKETING YEAR

CORN                                                           CHINA                                                          1,937,000 MT 1/                           2020/2021
CORN                                                           MEXICO                                                          114,300 MT 1/                           2020/2021
CORN                                                           UNKNOWN                                                     130,000 MT 1/                           2020/2021
SOYBEANS                                                 MEXICO                                                          250,371 MT 1/                           2020/2021
SOYBEANS                                                 CHINA                                                             132,000 MT 1/                           2020/2021
SOYBEAN MEAL                                        PHILIPPINES                                                  222,000 MT 1/                           2020/2021

1/ EXPORT SALES.

By Brian Allmer - The BARN

Brian Allmer & the BARN are members of the National Association of Farm Broadcasting (NAFB), the Colorado FFA Foundation, the Colorado 4H Foundation, the Colorado Farm Show Marketing Committee, 1867 Club Board Member, Denver Ag & Livestock Club Member, the Weld County Fair Board, the Briggsdale FFA Advisory Council, Briggsdale 4H Club Beef Leader & Founder / Coordinator of the Briggsdale Classic Open Jackpot Show.