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.























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