USDA Weekly Export Sales
For the period February 26-March 4 the USDA today report the following weekly export sales;
Wheat, net sales of 407,900 MT for delivery in 2009/10, plus a further 40,500 MT for delivery in 2010/11. The main old crop buyers were Nigeria (130,900 MT), Japan (46,400 MT), Venezuela (45,200 MT), Taiwan (41,000 MT) and Mexico (33,700 MT). Actual shipments of 541,000 MT were up 15 percent from the previous week and 24 percent from the prior 4-week average. The primary destinations were South Korea (73,200 MT), Indonesia (58,600 MT), Nigeria (51,800 MT), Iraq (50,200 MT), the Philippines (48,900 MT) and Thailand (44,600 MT).
Soybeans, old crop sales were negative to the tune of 115,800 MT for delivery in 2009/10 and sales of just 65,100 MT for delivery in 2010/11. Old crop saw decreases for China of 192,400 MT and unknown destinations of 75,000 MT. Still, actual shipments of 933,000 MT were still pretty impressive with China once again the main home taking 648,800 MT.
Corn, net sales of 338,600 MT for delivery in 2009/10 and just 300 MT for delivery in 2010/11 were disappointing. Exports of 964,800 MT were down 9 percent from the previous week, but up 9 percent from the prior 4-week average. The primary destinations were Japan (330,100 MT), South Korea (164,700 MT), Mexico (157,000 MT) and Egypt (91,700 MT).
Wheat, net sales of 407,900 MT for delivery in 2009/10, plus a further 40,500 MT for delivery in 2010/11. The main old crop buyers were Nigeria (130,900 MT), Japan (46,400 MT), Venezuela (45,200 MT), Taiwan (41,000 MT) and Mexico (33,700 MT). Actual shipments of 541,000 MT were up 15 percent from the previous week and 24 percent from the prior 4-week average. The primary destinations were South Korea (73,200 MT), Indonesia (58,600 MT), Nigeria (51,800 MT), Iraq (50,200 MT), the Philippines (48,900 MT) and Thailand (44,600 MT).
Soybeans, old crop sales were negative to the tune of 115,800 MT for delivery in 2009/10 and sales of just 65,100 MT for delivery in 2010/11. Old crop saw decreases for China of 192,400 MT and unknown destinations of 75,000 MT. Still, actual shipments of 933,000 MT were still pretty impressive with China once again the main home taking 648,800 MT.
Corn, net sales of 338,600 MT for delivery in 2009/10 and just 300 MT for delivery in 2010/11 were disappointing. Exports of 964,800 MT were down 9 percent from the previous week, but up 9 percent from the prior 4-week average. The primary destinations were Japan (330,100 MT), South Korea (164,700 MT), Mexico (157,000 MT) and Egypt (91,700 MT).
