USDA Weekly Export Sales
For the period November 6-12, 2009 the USD today reported the following weekly export sales:
Wheat: Net sales of 362,400 MT, with the main takers Philippines (98,600 MT), Nigeria (83,500 MT) and Taiwan (67,500 MT). Trade estimates for weekly sales ranged from 350,000 to 450,000 MT. Exports of 486,900 MT were up 7 percent from the previous week and 18 percent from the prior 4-week average. The primary destinations were Nigeria (107,300 MT), Japan (71,600 MT) and Taiwan (57,100 MT).
Soybeans: Net sales of 1,349,700 MT were up 6 percent from the previous week and 58 percent from the prior 4-week average. Once again the primary destination was China (724,700 MT). Trade estimates for weekly sales had ranged from 750,000 and 950,000 MT. Exports of 1,724,200 MT were a marketing-year high, the primary destination (no surprises here) was China (914,500 MT).
Corn: Net sales of 352,900 MT were below trade estimates of 450,000 to 550,000 MT. Japan (187,200 MT) was the main taker. Exports of 683,200 MT were down 10 percent from the previous week and 7 percent from the prior 4-week average. The primary destinations were Japan (221,200 MT), Mexico (141,600 MT) and South Korea (114,600 MT).
Wheat: Net sales of 362,400 MT, with the main takers Philippines (98,600 MT), Nigeria (83,500 MT) and Taiwan (67,500 MT). Trade estimates for weekly sales ranged from 350,000 to 450,000 MT. Exports of 486,900 MT were up 7 percent from the previous week and 18 percent from the prior 4-week average. The primary destinations were Nigeria (107,300 MT), Japan (71,600 MT) and Taiwan (57,100 MT).
Soybeans: Net sales of 1,349,700 MT were up 6 percent from the previous week and 58 percent from the prior 4-week average. Once again the primary destination was China (724,700 MT). Trade estimates for weekly sales had ranged from 750,000 and 950,000 MT. Exports of 1,724,200 MT were a marketing-year high, the primary destination (no surprises here) was China (914,500 MT).
Corn: Net sales of 352,900 MT were below trade estimates of 450,000 to 550,000 MT. Japan (187,200 MT) was the main taker. Exports of 683,200 MT were down 10 percent from the previous week and 7 percent from the prior 4-week average. The primary destinations were Japan (221,200 MT), Mexico (141,600 MT) and South Korea (114,600 MT).