USDA Weekly Export Sales/Shipments

28/04/11 -- The USDA have today reported the following weekly export sales for the week ended Apr 21st 2011:

Wheat sales of 265,000 MT for the 2010/11 marketing year and 153,200 MT for delivery in 2011/2012 gives us combined sales of 418,200 MT against trade expectations of 350-550,000 MT.

Corn sales of 349,000 MT of old crop and just 94,700 MT of new crop make a combined 443,700 MT, well below expectations for sales of 800,000 MT - 1 MMT.

Soybean sales of 143,500 MT of old crop and 55,700 MT made combined sales of 199,200 MT versus trade ideas of 350-550,000 MT.

Corn and wheat shipments were decent at 907,800 MT and 826,200 MT, but soybean shipments lagged at 270,300 MT.