USDA Exports: Corn & Soybeans Up, Wheat Down, Beef Sales To S. Korea

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Wheat: Net sales of 323,700 metric tons for delivery in 2009/10 were down 25 percent from the previous week and 16 percent from the prior 4-week average. Increases were reported for the Philippines (66,100 MT), China (55,600 MT), Taiwan (47,700 MT), Japan (45,300 MT), and South Africa (31,900 MT, including 29,900 MT switched from unknown destinations). Decreases were reported for unknown destinations (43,700 MT). Net sales of 209,700 MT for delivery in 2010/11 were mainly for Nigeria (210,000 MT) and South Korea (23,000 MT). Decreases were reported for unknown destinations (43,000 MT). Exports of 450,300 MT were down 35 percent from the previous week and 7 percent from the prior 4-week average. The primary destinations were Japan (88,600 MT), Nigeria (79,500 MT), China (50,600 MT), Iraq (50,200 MT), Mexico (40,200 MT), and South Africa (31,900 MT).

Corn:
Net sales of 1,357,800 MT for delivery in 2009/10 were up 64 percent from the previous week and up noticeably from the prior 4-week average. Increases were reported for South Korea (616,800 MT, including 111,700 MT switched from unknown destinations and decreases of 9,700 MT), Japan (280,600 MT, including 93,200 MT switched from unknown destinations and decreases of 9,400 MT), Mexico (167,400 MT), Egypt (120,000 MT), Guatemala (55,900 MT, including 20,000 MT switched from unknown destinations and decreases of 1,100 MT), and Peru (49,000 MT). Decreases were reported for unknown destinations (44,100 MT). Net sales reductions for delivery in 2010/11 of 59,800 MT resulted as increases for Mexico (59,400 MT), Guatemala (28,000 MT), and Canada (800 MT), were more than offset by decreases for unknown destinations (148,000 MT). Optional original sales of 48,000 MT were reported for South Korea. Exports for own account were reported for Mexico (4,200 MT). Exports of 875,400 MT were down 28 percent from the previous week and 19 percent from the prior 4-week average. The primary destinations were Japan (346,800 MT), South Korea (230,800 MT), Mexico (96,400 MT), Colombia (45,400 MT), Guatemala (35,900 MT), and Cuba (24,100 MT).

Barley:
There were no sales reported during the week. Exports of 1,100 MT were to Canada.

Sorghum:
Net sales of 48,200 MT were reported for Mexico (36,200 MT) and Japan (21,600 MT, including 9,600 MT switched from unknown destinations). Decreases were reported for unknown destinations (9,600 MT). Exports of 83,000 MT were to Mexico (60,400 MT) and Japan (22,600 MT).

Rice: Net sales of 36,400 MT were down 49 percent from the previous week and 56 percent from the prior 4-week average. Increases were reported for Mexico (12,900 MT), Japan (11,500 MT), El Salvador (7,500 MT), Canada (1,800 MT), Honduras (1,800 MT), and Israel (900 MT). Decreases were reported for the United Kingdom (1,000 MT) and Haiti (700 MT). Exports of 154,100 MT--a marketing-year high--were up 21 percent from the previous week and 64 percent from the prior 4-week average. The primary destinations were Venezuela (45,500 MT), Iraq (31,500 MT), Turkey (21,400 MT), Mexico (19,600 MT), Japan (13,400 MT), and Haiti (6,800 MT).

Soybeans:
Net sales of 205,700 MT for delivery in 2009/10 were up 15 percent from the previous week and 50 percent from the prior 4-week average. Increases reported for Mexico (89,300 MT), Japan (45,200 MT), Morocco (30,600 MT, including 11,000 MT switched from unknown destinations), Indonesia (13,200 MT), and Colombia (7,500 MT), were partially offset by decreases for Ireland (3,300 MT). Net sales of 238,100 MT for delivery in 2010/11 were mainly for China (225,000 MT). Optional original sales of 198,000 MT were reported for China. Exports of 440,900 MT were down 57 percent from the previous week and 52 percent from the prior 4-week average. The primary destinations were China (188,300 MT), Mexico (71,900 MT), Egypt (66,000 MT), Morocco (30,600 MT), and Venezuela (20,000 MT).

Soybean Cake and Meal:
Net sales of 211,900 MT for delivery in 2009/10 were up noticeably from the previous week and from the prior 4-week average. Increases reported for Guatemala (54,600 MT, including 8,000 MT switched from unknown destinations and decreases of 900 MT), Mexico (40,500 MT), Vietnam (38,900 MT, including 33,600 MT switched from unknown destinations), Panama (34,000 MT), Japan (25,200 MT), and the Philippines (25,100 MT), were partially offset by decreases for unknown destinations (38,900 MT) and Germany (21,500 MT). Net sales of 6,000 MT were for Mexico (5,300 MT) and Canada (700 MT). Exports of 264,900 MT were up 35 percent from the previous week, but down 1 percent from the prior 4-week average. The primary destinations were Vietnam (41,400 MT), Mexico (37,900 MT), Morocco (32,800 MT), Venezuela (28,500 MT), Australia (25,400 MT), Canada (20,400 MT), and Guatemala (18,700 MT).

Soybean Oil:
Net sales of 6,800 MT resulted as increases for Morocco (14,200 MT, switched from unknown destinations), Venezuela (8,000 MT), and the Dominican Republic (1,600 MT), were more than offset by decreases for unknown destinations (20,800 MT). There were no sales reported for delivery in 2010/11. Exports of 49,800 MT were up noticeably from the previous week and 6 percent from the prior 4-week average. The primary destinations were Morocco (14,200 MT), the Dominican Republic (11,000 MT), and Guatemala (8,500 MT).

Cotton:
Net Upland sales of 187,600 running bales for delivery in 2009/10 were down 10 percent from the previous week, but up 9 percent from the prior 4-week average. Increases reported for Turkey (72,600 RB, including 500 RB switched from China), Mexico (28,600 RB, including 300 RB switched from Chile), China (21,300 RB, including 900 RB switched from Thailand and decreases of 100 RB), Bangladesh (20,700 RB), and Peru (9,000 RB), were partially offset by decreases for Japan (1,400 RB). Net sales of 47,600 RB for delivery in 2010/11 were for Mexico (24,800 RB), South Korea (21,100 RB), and Thailand (1,700 RB). Exports for own account were reported for China (8,800 RB). Exports of 309,700 RB were up 7 percent from the previous week and 4 percent from the prior 4-week average. The primary destinations were China (114,300 RB), Turkey (67,700 RB), Mexico (22,600 RB), Thailand (18,700 RB), and Peru (17,600 RB). Net American Pima sales of 900 RB--a marketing-year low--were down 91 percent from the previous week and 93 percent from the prior 4-week average. The destinations were reported for China (800 RB) and Japan (100 RB). There were no sales reported for delivery in 2010/11. Exports of 15,900 RB were up 28 percent from the previous week and 34 percent from the prior 4-week average. The primary destinations were China (7,100 RB), India (3,600 RB), Thailand (1,200 RB), and Indonesia (900 RB).

Hides and Skins: Net sales of 545,000 pieces were reported for delivery in 2010, up 49 percent from the previous week and 18 percent from the prior 4-week average. Whole cattle hide sales of 522,400 pieces were mainly for China (211,600 pieces), South Korea (142,700 pieces), Taiwan (66,200 pieces), Vietnam (34,200 pieces), and Canada (28,300 pieces). Exports of 474,400 pieces were up 30 percent from the previous week and 7 percent from the prior 4-week average. Whole cattle hide exports of 473,100 pieces were primarily to China (189,900 pieces), South Korea (142,500 pieces), Taiwan (34,200 pieces), Thailand (27,200 pieces), Hong Kong (19,100 pieces), and Mexico (17,100 pieces).

Net sales of 109,200 wet blues for delivery in 2010 were down 49 percent from the previous week and 32 percent from the prior 4-week average. The primary buyers were China (61,300 unsplit and 100 grain splits), Taiwan (12,900 unsplit), Mexico (12,700 grain splits and 100 unsplit), and Vietnam (7,800 unsplit). Exports of 174,900 hides were primarily for China (69,500 unsplit and 3,100 grain splits), Italy (36,800 unsplit and 1,900 grain splits, Mexico (15,100 grain splits and 6,600 unsplit), and Japan (7,400 grain splits and 4,600 unsplit). Net sales of splits totaling 1,959,100 pounds--a marketing-year high--were primarily for China (1,810,400 pounds) and Hong Kong (244,400 pounds). Decreases were reported for Indonesia (100,000 pounds). Exports of 443,800 pounds were for China (220,000 pounds), South Korea (173,800 pounds), and Hong Kong (50,000 pounds).

Beef:
Net sales of 13,000 MT were up 74 percent from the previous week and 7 percent from the prior 4-week average. Increases were reported for South Korea (4,000 MT), Mexico (2,300 MT), Vietnam (1,600 MT, including 300 MT switched from Hong Kong), Japan (1,200 MT), and Russia (1,100 MT). Exports of 9,700 MT were primarily for Mexico (2,400 MT), South Korea (1,700 MT), Japan (1,100 MT), Russia (1,000 MT), and Vietnam (1,000 MT).


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