According to the latest USDA’s Weekly Export Sales Report of week ending 25 October, net sales reductions of 49,000 RB for 2018/2019 – a marketing-year low – were down noticeably from the previous week and from the prior 4-week average.
Increases reported for Pakistan (11,700 RB), Turkey (10,500 RB), India (8,800 RB), Taiwan (5,500 RB) and Peru (3,000 RB), were more than offset by reductions for China (81,300 RB).
For 2019-20, net sales of 92,900 RB were reported for China (88,000 RB) and Turkey (4,400 RB). Exports of 109,800 RB were down 21% from the previous week and 34% from the prior 4-week average. Exports were primarily to Pakistan (19,400 RB), Vietnam (18,200 RB), Bangladesh (12,600 RB), Mexico (11,600 RB), and China (10,100 RB).
Net sales of Pima totaling 25,500 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 India (12,100 RB), China (8,300 RB), Vietnam (1,300 RB, switched from China), Thailand (1,200 RB), and Turkey (1,200 RB, including decreases of 100 RB).
Exports of 4,900 RB were down 4% from the previous week, but up 14% from the prior 4-week average. The primary destinations were India (2,700 RB) and Peru (1,800 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 1,800 RB were reported to Vietnam. Exports for own account to China totaling 200 RB were applied to new or outstanding sales. The current exports for own account outstanding balance is 7,200 RB, all China.
