USDA Weekly Export Sales
The USDA's weekly export sales report for the period July 9-15:
Wheat
Net sales 382,100 MT for the 2010/11 marketing year were in line with expectations for sales of 350-450,000 MT. Exports for the week were 544,700 MT.
Corn
Net sales of 614,100 MT for delivery in 2009/10 and 540,900 MT for delivery in 2010/11 came in a bit above expectations for sales of 850k-1 MMT. China took 58,700 MT of old crop and "unknown" accounted for 304,800 MT of new crop. Actual exports were 948,400 MT.
Soybeans
Net sales of 111,800 MT for delivery in 2009/10 and 1,115,400 MT for delivery in 2010/11 were above trade estimates for sales of 550-950,000 MT. Unknown destinations (578,000 MT) and China (341,000 MT) took the bulk of the new crop. Actual exports this week came in at 274,800 MT, with China taking 132,000 MT.
Wheat
Net sales 382,100 MT for the 2010/11 marketing year were in line with expectations for sales of 350-450,000 MT. Exports for the week were 544,700 MT.
Corn
Net sales of 614,100 MT for delivery in 2009/10 and 540,900 MT for delivery in 2010/11 came in a bit above expectations for sales of 850k-1 MMT. China took 58,700 MT of old crop and "unknown" accounted for 304,800 MT of new crop. Actual exports were 948,400 MT.
Soybeans
Net sales of 111,800 MT for delivery in 2009/10 and 1,115,400 MT for delivery in 2010/11 were above trade estimates for sales of 550-950,000 MT. Unknown destinations (578,000 MT) and China (341,000 MT) took the bulk of the new crop. Actual exports this week came in at 274,800 MT, with China taking 132,000 MT.