January 10, 2008
US grain exports falls sharply during Christmas week
US grain exports and sales fell sharply over the Christmas week, with soy sales dropping 83 percent compared to the prior four weeks, according to weekly export data from USDA released January 4 for the week December 21-27.
Soy sales were at a marketing year low, a 79 percent drop from the previous week and a 83-percent drop from the prior 4-week average.
Net sales of soy cake and soymeal were also at a marketing year low.
China continues to be the major customer for US soy, with 226,000 tonnes exported during the week. Thailand comes in at a distant second with 72,400 tonnes exported.
Spain and Portugal are the top customers for US sorghum while Japan and Mexico were the top customers for US corn.
|
Wheat (export in tonnes, main destinations) | |||||||
|
Indonesia |
83,600 |
South Korea |
68,500 |
Egypt |
63,000 |
|
50,800 |
|
Corn (export in tonnes, main destinations) | |||||||
|
|
356,200 |
Mexico |
159,300 |
South Korea |
109,100 |
|
66,000 |
|
Sorghum (export in tonnes, main destinations) | |||||||
|
|
58,600 |
|
31,500 |
Israel |
24,400 |
Japan |
11,800 |
|
Soy (export in tonnes, main destinations) | |||||||
|
|
226,000 |
|
72,400 |
|
71,400 |
|
51,400 |
|
Soy meal and Soycake (export in tonnes, main destinations) | |||||||
|
|
20,700 |
Japan |
19,600 |
|
15,900 |
Mexico |
25,200 |
|
|
Net Sales (tonnes) |
Compared to previous week |
Compared to prior 4-week average |
Exports (tonnes) |
Compared to previous week |
Compared to prior 4-week average |
|
Wheat |
118,700 |
-60% |
-62% |
437,600 |
15% |
-21% |
|
Corn |
700,700 |
-51% |
-42% |
1,140,600 |
-10% |
-10% |
|
Soy |
140,500 |
-79% |
-83% |
586,700 |
-30% |
-34% |
|
Sorghum |
74,000 |
-55% |
-65% |
129,600 |
-36% |
-17% |
|
Soy cake and soymeal |
49,100 |
-33% |
-56% |
112,800 |
13% |
-18% |
