USDA Weekly Export Sales

For the period October 16-22, the USDA report the following weekly export sales:

Wheat

Net old crop sales of 347,700 MT were mainly for Taiwan (73,900 MT), Japan (72,800 MT), Thailand (45,000 MT) and Nigeria (43,900 MT. Mexico bought 18,000 MT for delivery in 2010/11. Estimates for export sales report ranged from 400,000 to 600,000 MT. Exports for the week were 430,800 MT.

Corn

Net sales of 367,200 MT were mainly for for Mexico (90,300 MT), the Dominican Republic (74,000 MT), South Korea (56,200 MT), Peru (41,600 MT) and Taiwan (35,800 MT. Estimates for export sales report ranged from 600,000 and 800,000 MT. Exports for the week were 667,000 MT.

Soybeans

Net sales of 691,000 MT were mostly for for China (437,000 MT). Taiwan (70,700 MT), Mexico (41,800 MT), unknown destinations (37,500 MT), Egypt (29,700 MT), Japan (21,000 MT), and Cuba (16,000 MT) were the other takers. Estimates for export sales report ranged from 400,000 to 600,000 MT. Exports for the week were a rather large 1,433,600 MT with China accounting for a monstrous 1,018,500 MT of that.