USDA Weekly Export Sales

For the period September 17-23 the USDA have reported the following weekly export sales:

Wheat

630,800 MT for the 2010/11 marketing year and net sales reductions of 2,500 MT reported for delivery in 2011/12. Egypt took 123,900 MT of the 2010/11 sales. Expectations were for sales of 650-850 TMT.

Corn

Net sales of 925,900 MT were up 65 percent from the previous week and beat expectations for sales of 650-850 TMT.

Soybeans

Net sales of 1,737,600 MT were up 60 percent from the previous week, and comfortably exclipsed expectations of 950-1,200 TMT. China took 1,295,200 MT.