Marc Schober is the editor of Farmland Forecast an educational blog devoted to investments in agriculture and farmland.
USDA Weekly Exports: Corn Sales Above 10 Week Average
Aug 08, 2013
Weekly U.S. net corn sales for the week ending August 1st in the 2012/2013 marketing year were 290,100 metric tons (MT), a 116% improvement from last week’s sales and above the 10 week average. Exports were reported at 430,400 MT, up 31% from last week, going primarily to Japan, Saudi Arabia, Mexico, and Venezuela. For the 2013/2014 marketing year week ending August 1st, net corn sales were 220,900 MT, going primarily to Mexico, unknown destinations, Japan, and Columbia.
Weekly net soybean sales were increased by 1% from last week and 29% from the prior 4 week average to 79,400 MT for the 2012/2013 marketing year, mainly due to increases from Indonesia, Taiwan, Malaysia, Japan, and Thailand. A marketing year low of 49,500 MT of exports were down 45% from the previous 4 week average. The primary destination of these exports were Japan, Mexico, Vietnam, Columbia, and Taiwan. In the 2013/2014 marketing year ending August 1st, weekly net sales were reported at 1,017,600 MT, primarily from unknown destinations, China, and Egypt.
Weekly net sales of wheat were at 726,200 MT for delivery in the 2013/2014 marketing year ending August 1st, mainly due to sales in Brazil, Japan, Taiwan, and China. Exports of 773,400 MT went primarily to China, Brazil, Mexico, Nigeria, Japan, Taiwan, and the Philippines.
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