USDA Export Sales

16/06/11 -- The USDA's weekly export sales report pegs wheat sales at 455,500 MT (including 57,800 MT for Egypt) at the low end of pre-report expectations of 400-800 TMT.

Corn sales came in at 794,700 MT, again a bit flat compared to expectations of 700,000 to 1,200,000 MT considering that we already knew about the recent sale of 548,600 MT of new crop to Mexico.

Soybean sales were 185,400 MT, slack but in line with trade ideas of just 100-200 TMT.