USDA Export Sales

31/03/11 -- USDA weekly export sales were robust as expected for corn following last week's sales to unknown of 1.25 MMT of old crop and 0.25 MMT of new crop. In the end old crop sales were 1,914,900 MT - a marketing-year high - with unknown accounting for 1,219,900 MT of that. Unknown was also the largest new crop buyer. There was no confirmation of business to China.

Soybean sales were disappointing at 144,800 MT old crop and 113,000 MT new crop. Wheat sales were a little below expectations at a combined 409,500 MT.























Product
Actual
Forecast
Soybeans
257,800 MT
600 - 800 TMT
Wheat
409,500 MT
500 - 700 TMT
Corn
2,231,400 MT
1.0 - 2.0 MMT