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Agri Buzz : USDA Weekly Export Sales of U.S. For the Period of 2-8 , November 2012

capital market | Mumbai | February 12, 2014 21:44 IST

Agri Buzz : USDA Weekly Export Sales of U.S. For the Period of 2-8 , November 2012

Summary of United States Grain and Oilseeds Exports During November 2-8 , 2012

Wheat: Net sales of 314,600 MT for the 2012/2013 marketing year were up 50 percent from the previous week, but down 19 percent from the prior 4-week average. Increases were reported for the Philippines (99,700 MT), Nigeria (81,000 MT, including 6,000 MT switched from unknown destinations), Mexico (46,000 MT), Chile (33,000 MT), South Korea (22,500 MT), and Portugal (20,000 MT).

Decreases were reported for the Dominican Republic (8,200 MT), unknown destinations (3,000 MT), and Barbados (2,400 MT). Exports of 298,500 MT were down 24 percent from the previous week, but unchanged from the prior 4-week average. The primary destinations were Nigeria (58,100 MT), Mexico (49,100 MT), Japan (37,200 MT), Chile (33,000 MT), Italy (24,700 MT), Indonesia (24,100 MT), and the Philippines (19,700 MT).

Corn: Net sales of 103,900 MT for the 2012/2013 marketing year were down 34 percent from the previous week and 35 percent from the prior 4-week average. Increases reported for Japan (96,700 MT, including 34,400 MT switched from unknown destinations and decreases of 100 MT), China (48,400 MT, including 60,000 MT switched from unknown destinations and decreases of 11,600 MT), Taiwan (20,200 MT), and Canada (1,900 MT), were partially offset by decreases for unknown destinations (31,900 MT) and Mexico (29,400 MT). Net sales of 208,200 MT for delivery in the 2013/2014 marketing year were for Japan. Exports of 232,000 MT were down 41 percent from the previous week and 38 percent for the prior 4-week average.

The primary destinations were Mexico (91,200 MT), Japan (75,700 MT), China (54,500 MT), Barbados (4,900 MT), Taiwan (3,100 MT), and Canada (1,500 MT).

Soybeans: Net sales of 559,700 MT for the 2012/2013 marketing year were up noticeably from the previous week and 14 percent from the prior 4-week average.

Increases reported for China (371,500 MT, including 58,800 MT switched from unknown destinations and decreases of 6,100 MT), Vietnam (93,100 MT, including 65,000 MT switched from unknown destinations), Thailand (79,400 MT, including 61,000 MT switched from unknown destinations), Spain (72,600 MT, including 66,200 MT switched from unknown destinations), and Mexico (62,600 MT), were partially offset by decreases for unknown destinations (346,200 MT) and Canada (3,800 MT). Net Sales of 25,500 MT for delivery in the 2013/2014 marketing year were for Japan. Exports of 1,814,400 MT were up 4 percent from the previous week and 10 percent from the prior 4-week average. The primary destinations were China (1,280,100 MT), Taiwan (74,300 MT), Vietnam (72,700 MT), Spain (72,600 MT), and Thailand (71,100 MT).

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