USDA Weekly Export Sales
06/01/11 -- USDA weekly export sales for the period Dec 24-30 were generally a bit disappointing compared with trade expectations, although wheat was in line.
Soybean sales were towards the low end of trade ideas and corn was below expectations. For beans, once again the majority of the sales - 489,600 MT - were for China, although there were also decreases of 215,300 MT to unknown destinations.
Soybean sales were towards the low end of trade ideas and corn was below expectations. For beans, once again the majority of the sales - 489,600 MT - were for China, although there were also decreases of 215,300 MT to unknown destinations.
Product | Actual | Forecast |
Soybeans | 552,700 MT | 400 TMT -1.05 MMT |
Wheat | 464,700 MT | 200 - 500 TMT |
Corn | 369,000 MT | 400 - 800 TMT |