USDA Exports: Soybeans Down, Corn & Beef Up

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Wheat: Net sales 959,500 MT for the 2010/11 marketing year were primarily for Mexico (196,300 MT), Peru (140,000 MT), Japan (98,600 MT), Nigeria (93,900 MT), South Korea (85,800 MT), Indonesia (61,000 MT, switched from unknown destinations), and unknown destinations (47,300 MT). Decreases were reported for Italy (20,000 MT). Exports were mainly for the Philippines (67,800 MT), Nigeria (67,500 MT), Japan (67,000 MT), South Korea (51,200 MT), Mexico (49,700 MT), and Venezuela (27,000 MT).

Corn: Net sales of 1,090,400 MT for delivery in 2009/10 were up 7 percent from the previous week and 21 percent from the prior 4-week average. Increases were reported for South Korea (156,800 MT), Japan (135,700 MT, including 67,500 MT switched from unknown destinations and decreases of 19,200 MT), Egypt (126,500 MT), China (120,000 MT), unknown destinations (102,800 MT), Mexico (90,900 MT), and Taiwan (62,600 MT). Net sales of 136,500 MT for delivery in 2010/11 were mainly for Costa Rica (96,000 MT), South Korea (55,000 MT), and unknown destinations (25,400 MT). Decreases were reported for Egypt (55,000 MT). Optional origin sales were reported for South Korea (48,000 MT). Exports of 1,073,000 MT were up 18 percent from the previous week, but down 2 percent from the prior 4-week average. The primary destinations were Japan (422,500 MT), Mexico (192,700 MT), South Korea (157,100 MT), Egypt (96,900 MT), the Dominican Republic (60,400 MT), and Cuba (27,500 MT).

Barley: Net sales reductions of 2,500 MT were reported for Canada. There were no exports reported during the week.

Sorghum: Net sales of 69,300 MT were reported for Mexico (53,800 MT), Japan (10,800 MT, including 10,600 MT switched from unknown destinations), and unknown destinations (4,600 MT). Net sales of 19,000 MT for delivery in 2010/11 were for Mexico. Exports of 102,400 MT were to Mexico (77,400 MT) and Japan (25,000 MT).

Rice: Net sales of 56,300 MT were up noticeably from the previous week and 50 percent from the prior 4-week average. Increases were reported for Venezuela (20,000 MT), Haiti (7,500 MT), Jordan (5,200 MT), Nicaragua (5,000 MT), and Ghana (2,700 MT). Exports of 43,000 MT were down 43 percent from the previous week and 50 percent from the prior 4-week average. The primary destinations were Brazil (15,400 MT), Nicaragua (9,900 MT), Mexico (5,600 MT), Canada (2,300 MT), and Taiwan (1,900 MT). NOTE: Accumulated exports were adjusted down for Nicaragua (8,300 MT).

Soybeans: Net sales reductions of 136,300 MT resulted as increases for Taiwan (59,700 MT), unknown destinations (34,500 MT), and Mexico (34,400 MT), were more than offset by decreases for Japan (270,100 MT). Net sales of 452,100 MT for delivery in 2010/11 were mainly for China (350,000 MT). Exports of 211,200 MT were up 26 percent from the previous week and 15 percent from the prior 4-week average. The primary destinations were China (64,500 MT), Taiwan (59,700 MT), Mexico (52,500 MT), Japan (15,600 MT), and Indonesia (10,100 MT).

Soybean Cake and Meal:
Net sales of 84,100 MT for delivery in 2009/10 were up 69 percent from the previous week and 37 percent from the prior 4-week average. Increases reported for Venezuela (29,000 MT), Guatemala (14,700 MT), Mexico (11,500 MT), Canada (10,000 MT), and Japan (8,800 MT, including 7,800 MT switched from unknown destinations and decreases of 100 MT), were partially offset by decreases for (7,700 MT) and Peru (2,500 MT). Net sales of 46,000 MT for delivery in 2010/11 were mainly for Canada (27,900 MT). Exports of 123,800 MT were up 70 percent from the previous week and 17 percent from the prior 4-week average. The primary destinations were the Philippines (26,600 MT), Mexico (20,700 MT), Canada (19,000 MT), Morocco (12,500 MT), and the Dominican Republic (11,600 MT).

Soybean Oil:
Net sales of 87,100 MT--a marketing-year high--for delivery in 2009/10 were up noticeably from the previous week and from the prior 4-week average. Increases were reported for China (80,000 MT), Mexico (4,800 MT), and Nicaragua (2,000 MT). There were no sales reported for delivery in 2010/11. Exports of 2,800 MT were up 2 percent from the previous week, but down 68 percent from the prior 4-week average. The primary destinations were Mexico (2,000 MT), Canada (600 MT), and Indonesia (100 MT).

Cotton: Net Upland sales of 293,500 running bales for delivery in 2009/10 were down 53 percent from the previous week and 11 percent from the prior 4-week average. Increases were reported for China (192,600 RB), Turkey (28,200 RB), Vietnam (19,300 RB), Taiwan (13,200 RB), and Japan (11,500 RB, including 600 RB switched from unknown destinations). Decreases were reported for Morocco (1,000 RB) and Italy (400 RB). Net sales of 240,700 RB for delivery in 2010/11 were mainly for China (76,900 RB), Turkey (39,800 RB), Indonesia (26,600 RB), and Japan (26,000 RB). Exports of 260,400 RB were up 15 percent from the previous week, but down 7 percent from the prior 4-week average. The primary destinations were China (63,000 RB), Mexico (42,500 RB), Turkey (34,300 RB), Vietnam (26,700 RB), Taiwan (18,900 RB), and Indonesia (16,100 RB). Net American Pima sales of 1,900 RB were up noticeably from the previous week and 50 percent from the prior 4-week average. Increases were reported for Italy (1,000 RB), Thailand (500 RB), and Japan (300 RB). Net sales of 500 RB for delivery in 2010/11 were for Indonesia. Exports of 5,000 RB were up noticeably from the previous week and 33 percent from the prior 4-week average. The primary destinations were Japan (2,500 RB), India (1,000 RB), Belgium (500 RB), and Germany (400 RB).

Hides and Skins:
Net sales of 701,300 pieces were reported for delivery in 2010, up noticeably from the previous week and 67 percent from the prior 4-week average. Whole cattle hide sales of 700,000 pieces--a marketing-year high--were mainly for South Korea (272,400 pieces), China (180,400 pieces), Hong Kong (82,300 pieces, including 6,300 pieces switched from Japan and 4,200 pieces switched from China), Taiwan (58,000 pieces), and Mexico (28,400 pieces). Exports of 525,000 pieces were up 22 percent from the previous week and 6 percent from the prior 4-week average. Whole cattle hide exports of 518,200 pieces were primarily to China (208,200 pieces), South Korea (89,400 pieces), Taiwan (71,900 pieces), Hong Kong (41,400 pieces), and Mexico (29,400 pieces).

Net sales of 57,400 wet blues for delivery in 2010 were down 69 percent from the previous week and 58 percent from the prior 4-week average. The primary buyers were China (23,000 unsplit), Thailand (13,600 unsplit), Vietnam (9,600 unsplit), and Mexico (6,300 grain splits). Exports of 117,900 hides were primarily for China (50,300 unsplit), Italy (24,000 unsplit), Mexico (9,100 grain splits and 4,200 unsplit), and Taiwan (9,000 unsplit). Net sales of splits totaling 101,500 pounds were for China (99,500 pounds) and Indonesia (2,000 pounds). Exports of 85,300 pounds were to China.

Beef: Net sales of 10,400 MT were up 61 percent from the previous week, but down 13 percent from the prior 4-week average. Increases were reported for South Korea (2,500 MT), Mexico (2,100 MT), Canada (2,100 MT), Japan (1,600 MT), and Hong Kong (1,000 MT, including 100 MT switched from Vietnam). Exports of 12,000 MT were primarily for Mexico (3,000 MT), South Korea (2,800 MT), Japan (2,400 MT), Canada (1,200 MT), and Taiwan (700 MT).



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