US Export Sales: Commodity Highlights - Jul 2
USDA Thursday released the following export highlights in its Export Sales report for week ended June 25.
Wheat: Net sales of 241,900 metric tons were down 34 percent from the previous week. Increases were reported for Mexico (56,500 MT), Nigeria (41,000 MT), the Philippines (32,500 MT), Ecuador (32,000 MT, including 20,000 MT switched from Colombia and 10,000 MT switched from unknown destinations), Israel (29,000 MT), Italy (19,000 MT, switched from unknown destinations), and Canada (15,800 MT). Decreases were reported for Colombia (16,100 MT). Exports of 366,700 MT were up 13 percent from the previous week. The primary destinations were Yemen (55,000 MT), South Korea (48,400 MT), Nigeria (39,000 MT), Indonesia (33,000 MT), Ecuador (32,000 MT), and Colombia (29,100 MT).
Corn: Net sales of 1,155,100 MT were up 68 percent from the previous week and 67 percent from the prior 4-week average. Increases reported for Japan (369,600 MT, including 71,700 MT switched from unknown destinations and decreases of 5,900 MT), South Korea (279,800 MT, including 117,900 MT switched from unknown destinations), Egypt (240,000 MT, including 60,000 MT switched from Syria), Taiwan (127,900 MT, including 58,000 MT switched from Japan and 57,900 MT switched from unknown destinations), Mexico (88,700 MT), Canada (36,400 MT), and Colombia (35,300 MT), were partially offset by decreases for unknown destinations (67,500 MT) and Guatemala (27,800 MT). Optional origin sales of 8,500 MT were for Colombia. Net sales of 117,000 MT for delivery in 2009/10 were reported for South Korea (58,000 MT), Mexico (55,600 MT), Panama (7,600 MT), Taiwan (2,000 MT), and Barbados (1,000 MT). Decreases were reported for unknown destinations (7,200 MT). Exports of 742,500 MT were down 29 percent from the previous week and 11 percent from the prior 4-week average. The primary destinations were Japan (244,800 MT), Taiwan (130,400 MT), Mexico (101,900 MT), South Korea (59,900 MT), Egypt (42,600 MT), the Dominican Republic (28,400 MT), and Syria (25,600 MT).
Barley: There were no sales reported during the week. Exports of 100 MT were reported to Mexico.
Sorghum: Net sales of 122,600 MT–a marketing-year high–were for Mexico (119,600 MT) and unknown destinations (3,000 MT). Exports of 44,700 MT were to Mexico.
Rice: Net sales of 90,800 MT were up 16 percent from the previous week and 53 percent from the prior 4-week average. Increases were reported for Haiti (33,600 MT), Mexico (16,500 MT), Honduras (11,300 MT), Costa Rica (8,700 MT), the Dominican Republic (5,700 MT), and Canada (4,300 MT). Decreases were reported for Lebanon (100 MT). Exports of 139,200 MT–a marketing-year high–were up 67 percent from the previous week and up noticeably from the prior 4-week average. The primary destinations were Iraq (61,900 MT), Haiti (27,400 MT), Mexico (22,100 MT), El Salvador (4,200 MT), and Canada (3,600 MT).
Soybeans: Net sales of 193,500 MT were up noticeably from the previous week and from the prior 4-week average. Increases reported for China (68,600 MT, including 58,000 MT switched from unknown destinations), Japan (67,100 MT, including 27,000 MT switched from unknown destinations), Taiwan (58,700 MT), Mexico (43,600 MT), and Canada (29,100 MT), were partially offset by decreases for unknown destinations (85,000 MT) and Syria (10,300 MT). Net sales of 250,100 MT for 2009/10 delivery were for unknown destinations (125,000 MT), China (120,000 MT), Guatemala (4,100 MT), and Barbados (1,000 MT). Exports of 387,100 MT were up 2 percent from the previous week and 15 percent from the prior 4-week average. The primary destinations were China (188,600 MT), Japan (46,200 MT), Mexico (39,600 MT), Turkey (37,200 MT), and Canada (19,900 MT).
Soybean Cake and Meal: Net sales reductions of 23,000 MT resulted as increases for Spain (29,900 MT, including 28,800 MT switch from unknown destinations), Morocco (16,500 MT, including 15,000 MT switched from unknown destinations), Lebanon (15,200 MT, switched from Egypt), Honduras (12,000 MT), and Canada (8,300 MT), were more than offset by decreases for unknown destinations (78,800 MT), Egypt (18,100 MT), Mexico (15,400 MT), Japan (9,200 MT), and Guatemala (3,500 MT). Net sales of 303,800 MT for delivery in 2009/10 were for unknown destinations (220,000 MT), Canada (68,600 MT), Jamaica (16,800 MT), and Panama (1,900 MT). Decreases were reported for Saudi Arabia (3,500 MT). Exports of 215,600 MT were up 33 percent from the previous week and 12 percent from the prior 4-week average. The primary destinations were Turkey (52,500 MT), Mexico (31,900 MT), Spain (29,900 MT), Canada (20,500 MT), Morocco (16,500 MT), and Lebanon (15,200 MT).
Soybean Oil: Net sales of 69,400 MT–a marketing-year high–were mainly for unknown destinations (64,000 MT) and Jamaica (3,200 MT). Net sales of 1,200 MT for 2009/10 delivery were for Mexico. Exports of 2,400 MT were down 57 percent from the previous week and 78 percent from the prior 4-week average. The primary destinations were Mexico (1,500 MT) and Canada (800 MT).
