USDA Weekly Export Sales

For the period October 9-15, 2009 the USDA today reported the following export sales:


Net sales of 627,600 MT were up 31 percent from the previous week and 10 percent from the prior 4-week average. In addition there were also net sales of 57,500 MT for delivery in 2010/11. Trade estimates were for sales of 400-500,000 MT.


Net sales of 234,900 MT plus a further 14,600 MT for delivery in 2010/11 were well below trade expectations of sales of 550-850,000 MT.


Net sales of 987,300 MT as per usual were mainly for China (741,500 MT). Trade estimates were for sales of 600-800,000 MT.