USDA Weekly Export Sales
16/12/10 -- USDA weekly export sales for the period Dec 3rd-9th 2010 were very poor for soybeans at a combined 173,600 MT split 84,600 MT old crop and 89,000 MT new crop. It looks like there was some substance in those rumoured reports of Chinese old crop cancellations/deferrals. In addition there was only one cargo of new crop beans for China this week.
Corn sales were in line with expectations at a combined 880,100 MT whilst wheat sale beat trade ideas coming in at 973,300 MT.
| Product | Actual | Forecast |
| Soybeans | 173,600 MT | 600-850,000 MT |
| Wheat | 973,300 MT | 400-700,000 MT |
| Corn | 880,100 MT | 600,000 MT -1.1 MMT |