According to the latest USDA’s Weekly Export Sales Report of week ending 15 November, net sales of 210,500 RB for 2018-19 – a marketing-year high – were up noticeably from the previous week and from the prior 4-week average.
Increases were reported for Vietnam (44,800 RB), including 9,400 RB switched from China, 1,000 RB switched from South Korea, 400 RB switched from Taiwan, and decreases of 1,800 RB), Pakistan (40,200 RB), Turkey (23,600 RB), Peru (18,300 RB), and Guatemala (15,800 RB). Reductions were reported for Japan (2,500 RB).
For 2019-20, net sales of 31,700 RB were reported for China (15,800 RB), Guatemala (11,900 RB), and Mexico (4,000 RB). Exports of 150,800 RB were up 34% from the previous week and 18% from the prior 4-week average. Exports were primarily to Vietnam (45,800 RB), Mexico (20,400 RB), China (20,000 RB), Thailand (10,800 RB), and Bangladesh (10,800 RB).
Net sales of Pima totaling 25,900 RB for 2018-19 – a marketing-year high – were up 60% from the previous week and 74% from the prior 4-week average.
Increases were reported for China (13,300 RB), India (6,800 RB, including decreases of 400 RB), Thailand (2,200 RB), and Peru (2,100 RB). Exports of 5,200 RB were up 59% from the previous week and 26% from the prior 4-week average. The destinations were China (2,100 RB), India (1,700 RB), Pakistan (600 RB), Egypt (400 RB), and Vietnam (400 RB).
Optional origin sales
For 2018-19, options were exercised to export 900 RB to Vietnam from other than the United States. The current outstanding balance of 900 RB is for Vietnam.
Exports for own account
Exports for own account to China totaling 400 RB were applied to new or outstanding sales. The current exports for own account outstanding balance is 4,500 RB, all China.
