USDA Weekly Export Sales
28/10/10 -- USDA Weekly Export Sales for the period October 15-21, 2010:
Product | Actual | Forecast |
Soybeans | 2,025,800 MT | 1.5-2.0 MMT |
Wheat | 604,400 MT | 400-700,000 MT |
Corn | 550,800 MT | 450-550,000 MT |
It was another strong week for soybean sales, coming in at over 2 MMT for the second week on the trot. China inevitably took around three quarters of that booking 1,369,600 MT.
Despite all the rumours there were NO corn sales to China however. The top buyer here was Japan (190,200 MT). Wheat sales featured Egypt (240,200 MT) as the biggest buyer.
Actual shipments were strong for beans at 1,934,100 MT, with China taking 1,476,600 MT. Corn shipments were 581,700 MT, down 30 percent from the previous and 35 percent from the prior 4-week average. Wheat exports were 653,100 MT.