USDA Weekly Export Sales

For the week ended Aug 13, the USDA today reported the following weekly export sales:


Net sales of 1,435,500 MT consisted of 577,000 MT of old crop and 858,500 MT of new crop. Japan (319,400 MT) and Egypt (184,800 MT) took the bulk of the old crop, with new crop sales primarily going to unknown destinations (237,500 MT), South Korea (171,000 MT), Egypt (120,000 MT), and Japan (106,200 MT).


Net sales of 858,000 MT included 274,900 MT old crop and 583,100 MT new crop. China (222,000 MT) took the lion's share of old crop with the bulk of new crop going to China (393,000 MT), and the alternative spelling of China "unknown destinations" (108,000 MT).


Net sales were 393,900 MT, of mostly old crop (358,900 MT) with Indonesia (58,000 MT), Thailand (52,000 MT) and Japan (49,700 MT) the main protagonists. Peru (25,000 MT) and Colombia (10,000 MT) booked 35,000 MT of new crop.

For soybeans per-report estimates ranged from 300,000 to 700,000 MT, for corn 700,000 to 1,000,000 MT, and for wheat 350,000 to 550,000 MT.