USDA Weekly Export Sales
The latest USDA weekly export sales report for the week ended 4th Dec stated the following quantities (trade estimates):
Wheat: Net sales of 239,300 (250-350,000) metric tons.
Corn: Net sales of 1,058,700 (650-850,000) MT including 130,000 MT for MY 2009/10.
Soybeans: Net sales of 811,800 (550-750,000) MT including 2,000 MT for MY 2009/10.
Soybean Meal: Net sales of 18,500 (75-125,000) MT --a marketing-year low-- included 100 MT for 2009/10.
Soybean Oil: Net sales of 400 (5-10,000) MT.
Another poor week for wheat, perhaps indicating that recent dollar strength and plunging freight are impacting upon US competitiveness abroad. A solid performance from beans and corn.
Wheat: Net sales of 239,300 (250-350,000) metric tons.
Corn: Net sales of 1,058,700 (650-850,000) MT including 130,000 MT for MY 2009/10.
Soybeans: Net sales of 811,800 (550-750,000) MT including 2,000 MT for MY 2009/10.
Soybean Meal: Net sales of 18,500 (75-125,000) MT --a marketing-year low-- included 100 MT for 2009/10.
Soybean Oil: Net sales of 400 (5-10,000) MT.
Another poor week for wheat, perhaps indicating that recent dollar strength and plunging freight are impacting upon US competitiveness abroad. A solid performance from beans and corn.
