USDA Weekly Export Sales Highlights

Posted by Nogger - a legend in his own mind at 13:46 | Categorized as

13/09/12 -- The USDA's weekly export sales report for the period August 31-September 6 came in as follows:

Wheat: Net sales of 381,800 MT were at the low end of expectations for sales of 300-600 TMT. Exports of 487,400 MT were down 19 percent from the previous week but interestingly included 113,700 MT bound for China.

Corn: There were sales of 214,800 MT for the 2012/013 marketing year, versus expectations of 200-400 TMT, along with sales of 212,500 MT for delivery in 2013/14. A total of 1,667,200 MT in sales were outstanding on August 31 (the end of the 2011/2012 marketing year) which were carried over to the 2012/13 marketing year. Accumulated exports for the 2011/12 marketing year were 37,914,800 MT, down 16 percent from from 2010/11's total of 45,256,400 MT.

Soybeans: Net sales of 628,200 MT were in line with the expected 500-800 TMT. China was the biggest buyer at 340,800 MT. A total of 2,016,800 MT in sales were outstanding on August 31 (the end of the 2011/12 marketing year) which were carried over to the 2012/013 marketing year. Accumulated exports for the 2011/12 marketing year were 36,739,200 MT, down 8 percent from 2010/11's total of 39,993,100 MT.