According to the latest USDA’s Weekly Export Sales Report of week ending 18 October, net sales of 40,600 RB for 2018-19 were up 24% from the previous week, but down 27% from the prior 4-week average. Increases were reported for Pakistan (22,900 RB), Turkey (11,600 RB), Mexico (9,900 RB), Costa Rica (9,400 RB), and Japan (8,000 RB, including decreases of 300 RB).
Reductions were reported for China (41,900 RB), South Korea (3,000 RB), and Vietnam (2,800 RB).
For 2019-20, net sales of 4,600 RB were reported for Costa Rica (3,200 RB) and Peru (1,400 RB).
Exports of 139,200 RB were up 3% from the previous week, but down 16% from the prior 4-week average. Exports were primarily to Vietnam (42,500 RB), Mexico (18,900 RB), China (10,700 RB), Pakistan (9,200 RB), and Indonesia (8,700 RB).
Net sales of Pima totaling 11,400 RB for 2018-19 were up noticeably from the previous week and up 62% from the prior 4-week average. Increases were reported for Vietnam (4,400 RB), China (4,000 RB, including decreases of 400 RB), Thailand (1,200 RB), and Pakistan (900 RB). Reductions were reported for Colombia (100 RB).
Exports of 5,100 RB were down 20% from the previous week, but up 20% from the prior 4-week average. The primary destinations were China (2,100 RB), India (1,400 RB), Thailand (600 RB), and Turkey (600 RB).
Optional origin sales
For 2018-19, the current outstanding balance of 1,800 RB is for Vietnam.
Exports for own account
New exports for own account totaling 100 RB were reported to India. Exports totaling 2,300 RB were to Vietnam (2,200 RB) and India (100 RB) were applied to new or outstanding sales. Decreases totaling 100 RB were reported for Vietnam. The current exports for own account outstanding balance is 7,400 RB, all China.
