USDA Exports: Corn Up, Soybeans & Wheat Down, Beef Sales To Mexico

Wheat: Net sales of 408,900 metric tons for delivery in 2009/10 were down 25 percent from the previous week and 33 percent from the prior 4-week average. Increases were reported for Nigeria (162,900 MT), Japan (83,200 MT), Mexico (63,300 MT), South Korea (32,000 MT), the Philippines (30,800 MT), Morocco (29,800 MT), and Canada (25,000 MT). Decreases were reported for unknown destinations (60,000 MT). Net sales of 54,500 MT for delivery in 2010/11 were for the Philippines (49,500 MT) and unknown destinations (5,000 MT). Exports of 364,600 MT were down 19 percent from the previous week and 11 percent from the prior 4-week average. The primary destinations were Japan (89,100 MT), Nigeria (88,500 MT), Taiwan (33,100 MT), Mexico (32,900 MT), Morocco (31,100 MT), and South Korea (24,600 MT).

Corn: Net sales of 974,600 MT for delivery in 2009/10 were up 31 percent from the previous week, but down 7 percent from the prior 4-week average. Increases were reported for Japan (335,000 MT, including 125,000 MT switched from unknown destinations and decreases of 3,700 MT), Mexico (186,000 MT), Egypt (66,000 MT), Syria (60,000 MT), South Korea (58,400 MT), Guatemala (51,800 MT), and the Dominican Republic (46,300 MT, including 15,000 MT switched from unknown destinations). Decreases were report for unknown destinations (124,700 MT) and Colombia (17,000 MT). There were no sales reported for delivery in 2010/11. Exports of 652,200 MT were up 8 percent from the previous week, but down 16 percent from the prior 4-week average. The primary destinations were Japan (226,500 MT), Mexico (148,300 MT), South Korea (115,000 MT), Ecuador (33,400 MT), Canada (28,600 MT), Saudi Arabia (23,500 MT), and Taiwan (20,100 MT).

Soybeans: Net sales of 203,600 MT for delivery in 2009/10--a marketing-year low--were down 35 percent from the previous week and 65 percent from the prior 4-week average. Increases were primarily for Mexico (117,700 MT), the Netherlands (79,900 MT, including 70,000 MT switched from unknown destinations), Indonesia (59,300 MT), Syria (43,300 MT, including 38,800 MT switched from unknown destinations), Turkey (42,500 MT, including 8,500 MT switched from unknown destinations and decreases of 17,100 MT), Spain (32,500 MT, switched from unknown destinations), and France (27,500 MT, switched from unknown destinations). Decreases were reported for unknown destinations (279,000 MT). Net sales of 300 MT for delivery in 2010/11 were for Japan. Exports of 1,119,000 MT were down 7 percent from the previous week and 17 percent from the prior 4-week average. The primary destinations were China (561,200 MT), Taiwan (81,000 MT), the Netherlands (79,900 MT), Syria (68,300 MT), Egypt (66,100 MT), and Mexico (58,200 MT).

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