USDA Export Sales
07/10/10 -- The USDA today reported the following export sales for the period September 24-30, 2010:
Wheat
Net sales 808,400 MT for the 2010/11 marketing year were primarily for Egypt (147,500 MT), Nigeria (113,600 MT), Thailand (95,500 MT), the Philippines (86,500 MT), Saudi Arabia (52,300 MT), and Brazil (41,000 MT). That beat forecasts for sales of 450-650,000 MT. Exports of 878,200 MT were up 12 percent from the previous week and 9 percent from the prior 4-week average. The primary destinations were Egypt (153,600 MT), Nigeria (111,700 MT), South Korea (89,000 MT), Japan (64,000 MT), Saudi Arabia (52,300 MT), and South Africa (45,400 MT).
Corn
Net sales of 607,100 MT for 2010/11 and 25,400 MT for delivery in 2011/12 fell short of estimations for sales of 750-850,000 MT. The main buyers were Syria (171,900 MT), Japan (166,400 MT), Venezuela (85,000 MT), Indonesia (67,400 MT), South Korea (57,700 MT), and Mexico (33,200 MT). Exports of 978,600 MT were up 4 percent from the previous week. The primary destinations were Japan (364,500 MT), Mexico (128,300 MT), Syria (103,700 MT), Indonesia (63,500 MT), South Korea (57,800 MT), and Israel (57,200 MT).
Soybeans
Net sales of 947,400 MT were down 46 percent from the previous week, but in line with estimates for sales of 750-950,000 MT. The main buyer as usual was China (624,300 MT) followed by Mexico (75,800 MT). Exports of 654,400 MT were up 26 percent from the previous week. The destinations were primarily to China (335,900 MT), Mexico (151,800 MT), Taiwan (57,000 MT), Syria (30,100 MT), and Morocco (27,300 MT).
Wheat
Net sales 808,400 MT for the 2010/11 marketing year were primarily for Egypt (147,500 MT), Nigeria (113,600 MT), Thailand (95,500 MT), the Philippines (86,500 MT), Saudi Arabia (52,300 MT), and Brazil (41,000 MT). That beat forecasts for sales of 450-650,000 MT. Exports of 878,200 MT were up 12 percent from the previous week and 9 percent from the prior 4-week average. The primary destinations were Egypt (153,600 MT), Nigeria (111,700 MT), South Korea (89,000 MT), Japan (64,000 MT), Saudi Arabia (52,300 MT), and South Africa (45,400 MT).
Corn
Net sales of 607,100 MT for 2010/11 and 25,400 MT for delivery in 2011/12 fell short of estimations for sales of 750-850,000 MT. The main buyers were Syria (171,900 MT), Japan (166,400 MT), Venezuela (85,000 MT), Indonesia (67,400 MT), South Korea (57,700 MT), and Mexico (33,200 MT). Exports of 978,600 MT were up 4 percent from the previous week. The primary destinations were Japan (364,500 MT), Mexico (128,300 MT), Syria (103,700 MT), Indonesia (63,500 MT), South Korea (57,800 MT), and Israel (57,200 MT).
Soybeans
Net sales of 947,400 MT were down 46 percent from the previous week, but in line with estimates for sales of 750-950,000 MT. The main buyer as usual was China (624,300 MT) followed by Mexico (75,800 MT). Exports of 654,400 MT were up 26 percent from the previous week. The destinations were primarily to China (335,900 MT), Mexico (151,800 MT), Taiwan (57,000 MT), Syria (30,100 MT), and Morocco (27,300 MT).
