USDA Weekly Export Sales
The USDA released their Weekly Export Sales Report for the week ended March 12, 2009 at 12.30GMT, here's what they had to say:
Corn net sales of 440,600 MT were down 60 percent from the previous week and 52 percent from the prior 4-week average. Pre-report trade estimates were for sales of 550,000 to 750,000 MT. Export commitments are now 42% behind a year-ago.
Soybean net old-crop sales of 143,300 MT--a marketing-year low--were down 83 percent from the previous week and 76 percent from the prior 4-week average. New crop net sales of 196,500 MT for delivery in 2009/10 were almost entirely for China (192,000 MT). Pre-report trade estimates were for sales of 500,000 to 700,000 MT. Soybean export commitments are 6% ahead year-ago.
Wheat net sales of 213,800 MT were down 41 percent from the previous week and 45 percent from the prior 4-week average. Net sales of 22,000 MT for delivery in 2009/10 were for South Korea. Pre-report trade estimates were for sales of 300,000 to 500,000 MT. Export commitments are 23% behind year ago.
Corn net sales of 440,600 MT were down 60 percent from the previous week and 52 percent from the prior 4-week average. Pre-report trade estimates were for sales of 550,000 to 750,000 MT. Export commitments are now 42% behind a year-ago.
Soybean net old-crop sales of 143,300 MT--a marketing-year low--were down 83 percent from the previous week and 76 percent from the prior 4-week average. New crop net sales of 196,500 MT for delivery in 2009/10 were almost entirely for China (192,000 MT). Pre-report trade estimates were for sales of 500,000 to 700,000 MT. Soybean export commitments are 6% ahead year-ago.
Wheat net sales of 213,800 MT were down 41 percent from the previous week and 45 percent from the prior 4-week average. Net sales of 22,000 MT for delivery in 2009/10 were for South Korea. Pre-report trade estimates were for sales of 300,000 to 500,000 MT. Export commitments are 23% behind year ago.
