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

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Wheat: Net sales of 148,800 metric tons for delivery in 2009/10 were down 41 percent from the previous week and 27 percent from the prior 4-week average. Increases were reported for Nigeria (55,100 MT), Venezuela (45,500 MT, including 43,500 MT switched from unknown destinations), Chile (41,900 MT), Guatemala (30,600 MT, including 29,400 MT switched from unknown destinations and decreases of 300 MT), and Brazil (25,500 MT). Decreases were reported for unknown destinations (103,000 MT) and Japan (46,400 MT). Net sales of 336,700 MT for delivery in 2010/11 were mainly for South Korea (92,200 MT), Japan (85,600 MT), Malaysia (46,000 MT), and Mexico (45,000 MT). Decreases were reported for unknown destinations (38,400 MT). Exports of 571,900 MT were up 70 percent from the previous week and 41 percent from the prior 4-week average. The primary destinations were South Korea (103,300 MT), Nigeria (70,900 MT), Japan (60,500 MT), Mexico (47,700 MT), Chile (41,900 MT), and the Philippines (38,500 MT).

Corn:
Net sales of 1,030,800 MT for delivery in 2009/10 were down 24 percent from the previous week and 22 percent from the prior 4-week average. Increases were reported for Japan (354,900 MT, including 98,100 MT switched from unknown destinations and decreases of 14,500 MT), China (241,000 MT, including 58,000 MT switched from unknown destinations), Mexico (75,300 MT), unknown destinations (73,800 MT), South Korea (67,800 MT, including 55,000 MT switched from Japan), Saudi Arabia (59,100 MT, switched from South Korea), and Venezuela (34,200 MT, including 6,500 MT switched from Panama). Decreases were reported for Guatemala (7,600 MT). Net sales reductions of 174,000 MT for delivery in 2010/11 resulted as increases for Mexico (11,100 MT), were more than offset by decreases for China (130,000 MT) and South Korea (55,000 MT). Exports of 1,239,800 MT were up 27 percent from the previous week and 31 percent from the prior 4-week average. The primary destinations were Japan (392,700 MT), South Korea (282,700 MT), Mexico (212,500 MT), Egypt (115,600 MT), and Saudi Arabia (59,100 MT).

Barley:
There were no sales reported during the week. Exports of 300 MT were to Canada.

Sorghum: Net sales reductions of 8,200 MT resulted as increases for Morocco (2,500 MT) and Japan (700 MT), were more than offset by decreases for Mexico (11,300 MT). Exports of 162,600 MT were to Mexico (126,300 MT), Morocco (27,500 MT), and Japan (8,800 MT).

Rice: Net sales of 45,400 MT were down 33 percent from the previous week and 39 percent from the prior 4-week average. Increases were reported for Mexico (16,600 MT), Turkey (9,100 MT), Jordan (8,000 MT), Honduras (4,500 MT), Japan (2,000 MT), and Israel (1,700 MT). Decreases were reported for Venezuela (900 MT) and Haiti (600 MT). Net sales of 54,000 MT for delivery in 2010/11 were for Brazil. Exports of 78,700 MT were down 40 percent from the previous week and 26 percent from the prior 4-week average. The primary destinations were Venezuela (23,000 MT), Japan (14,600 MT), Costa Rica (9,800 MT), Honduras (7,900 MT), and Haiti (6,900 MT). Note: Accumulated exports were adjusted down 200 MT for Singapore.

Soybeans: Net sales of 175,400 MT for delivery in 2009/10 were down 63 percent from the previous week and 38 percent from the prior 4-week average. Increases were reported for China (60,000 MT), unknown destinations (40,400 MT), Malaysia (25,200 MT, including 24,500 MT switched from unknown destinations), Japan (18,400 MT, including 9,000 MT switched from unknown destinations and decreases of 4,800 MT), and Mexico (10,400 MT). Decreases were reported for Guatemala (6,000 MT). Net sales of 120,000 MT for delivery in 2010/11 were for China. Exports of 144,500 MT were down 47 percent from the previous week and 44 percent from the prior 4-week average. The primary destinations were Japan (37,200 MT), Malaysia (25,200 MT), Turkey (21,500 MT), Mexico (17,300 MT), and Taiwan (11,300 MT).

Soybean Cake and Meal: Net sales of 47,400 MT for delivery in 2009/10 were up 46 percent from the previous week, but down 36 percent from the prior 4-week average. Increases reported for Venezuela (23,800 MT), Canada (8,100 MT), Mexico (7,800 MT), the Philippines (6,300 MT), and Jamaica (3,700 MT), were partially offset by decreases for Egypt (7,500 MT) and unknown destinations (5,100 MT). Net sales of 24,000 MT for delivery in 2010/11 were for unknown destinations. Exports of 85,700 MT were up 19 percent from the previous week, but down 29 percent from the prior 4-week average. The primary destinations were Turkey (18,700 MT), Canada (16,200 MT), Morocco (15,600 MT), Mexico (14,000 MT), and Japan (5,900 MT).

Soybean Oil: Net sales of 12,900 MT for delivery in 2009/10 were up noticeably from the previous week and from the prior 4-week average. Increases were reported for Venezuela (8,000 MT), Jamaica (3,000 MT), El Salvador (1,700 MT), and Canada (900 MT). Decreases were reported for Mexico (600 MT). There were no sales reported for delivery in 2010/11. Exports of 15,300 MT were up 59 percent from the previous week and up noticeably from the prior 4-week average. The primary destinations were Venezuela (8,000 MT), Nicaragua (2,800 MT), El Salvador (1,500 MT), and Guatemala (1,300 MT).

Cotton: Net Upland sales of 242,200 running bales for delivery in 2009/10 were unchanged from the previous week and up 15 percent from the prior 4-week average. Increases were reported for China (102,600 RB), Turkey (52,800 RB), Vietnam (16,800 RB), Taiwan (13,900 RB), and Bangladesh (11,300 RB). Net sales of 104,000 RB for delivery in 2010/11 were mainly for Vietnam (37,500 RB), Indonesia (21,500 RB), Peru (11,400 RB), and Mexico (7,600 RB). Exports for own account were reported for China (1,000 RB). Exports of 286,100 RB were up 5 percent from the previous week and 11 percent from the prior 4-week average. The primary destinations were China (85,600 RB), Turkey (71,500 RB), Mexico (29,900 RB), Indonesia (20,200 RB), Thailand (12,600 RB), and South Korea (10,800 RB). Net American Pima sales of 1,200 RB were down 48 percent from the previous week and 64 percent from the prior 4-week average. Increases were reported for China (800 RB), Thailand (300 RB), and Japan (100 RB). Net sales of 6,800 RB for delivery in 2010/11 were mainly for Germany (2,300 RB), Switzerland (1,300 RB), and Indonesia (1,000 RB). Exports of 3,900 RB--a marketing-year low--were down 22 percent from the previous week and 34 percent from the prior 4-week average. The primary destinations were Pakistan (1,200 RB), China (900 RB), Japan (700 RB), and India (600 RB).

Hides and Skins:
Net sales of 463,800 pieces were reported for delivery in 2010, down 6 percent from the previous week, but up 2 percent from the prior 4-week average. Whole cattle hide sales of 450,900 pieces were mainly for China (152,700 pieces), South Korea (73,600 pieces), Taiwan (60,500 pieces), Hong Kong (50,100 pieces), and Mexico (32,500 pieces). Exports of 449,900 pieces were down 16 percent from the previous week and 6 percent from the prior 4-week average. Whole cattle hide exports of 439,700 pieces were primarily to China (179,800 pieces), South Korea (94,200 pieces), Hong Kong (36,700 pieces), Taiwan (33,700 pieces), and Mexico (25,300 pieces).

Net sales of 102,000 wet blues for delivery in 2010 were up 25 percent from the previous week, but down 9 percent from the prior 4-week average.The primary buyers were China (63,400 unsplit), Mexico (19,400 unsplit and 8,900 grain splits), and Italy (6,500 unsplit)Exports of 88,000 hides--a marketing-year low--were primarily for China (25,500 unsplit), Italy (14,800 unsplit and 7,500 grain splits), Taiwan (14,000 unsplit), and Thailand (6,300 unsplit). Net sales reductions of splits totaling 25,500 pounds resulted as increases for Vietnam (1,500 pounds), were more then offsets by decreases for Italy (16,300 pounds), China (6,100 pounds), and South Korea (3,900 pounds). Exports of 776,300 pounds were mainly for China (470,200 pounds) and South Korea (176,000 pounds).

Beef: Net sales of 17,800 MT were up 13 percent from the previous week and 19 percent from the prior 4-week average. Increases were reported for South Korea (6,400 MT), Mexico (4,800 MT), Vietnam (1,800 MT), Japan (1,500 MT), and Hong Kong (1,400 MT). Exports of 13,100 MT--a marketing-year high--were up 5 percent from the previous week and 13 percent from the prior 4-week average. The primary destinations were South Korea (3,000 MT), Mexico (3,000 MT), Japan (2,000 MT), Canada (1,400 MT), and Russia (1,200 MT).



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