USDA Weekly Export Sales

The USDA Weekly Export Sales Report for the period March 27-April 2, 2009 came out at 13.30BST:

Corn

Net sales of 1,062,800 MT for 2008/09 and 18,900 MT for delivery in 2009/10. Japan was the biggest home taking 411,900 MT. This compares with pre-report trade ideas for sales of 900-1,000,000 MT.

Soybeans

Net sales of 431,500 MT for 2008/09 and 190,200 MT for delivery in 2009/10. China took 238,700 MT of old crop and 110,000 MT of new crop. This compares with pre-report trade ideas for sales of 750-850,000 MT.

Wheat

Net sales of 189,400 MT for 2008/09 and 184,200 MT for delivery in 2009/10. This compares with pre-report trade ideas for sales of 300-400,000 MT.