USDA Export Sales

Posted by Nogger - a legend in his own mind at 13:44 | Categorized as

14/04/11 -- The USDA have reported the following weekly export sales for the week ended Apr 7th 2011:

Corn sales of 848,000 MT old crop and 253,500 MT of new crop were robust again making a combined 1.1 MMT against expectations of 550-950 TMT. There were no sales to China although the new crop sales went to "unknown".

Wheat sales were 443,600 MT old crop and 102,000 MT new crop for a combined total of 545,500 MT, in line with expectations for sales of 300-750 TMT.

Soybean sales were disappointing at 130,200 MT against hopes for sales of 200-400 TMT. China did take some, although there were also cancellations to "unknown" largely offsetting these.