AgProfessional Magazine

AgProfessional magazine is a monthly magazine that provides editorial and advertising for agronomic and business management solutions specifically to agricultural retailers/distributors, professional farm managers and crop consultants.

View Current Issue/Archives | Subscribe to the Magazine

The latest news and information of specific interest to farm managers, crop consultants, ag retailers and the ag industry professionals serving them is delivered weekly on Monday in this e-newsletter.

View Current Issue | Subscribe Now | View Archives

News specific to inform, educate and assist ag retailers is delivered in this e-newsletter weekly each Thursday. Circulation is limited to only ag retailer/distributor management and employees.

View Current Issue | Subscribe Now | View Archives
Decision Engine Logo
  Search Term:
  Crop:

Quick Search Clear

U.S. Exports: Corn sales drop

Angela Bowman, Staff Writer  |   December 15, 2011
decrease font size resize text increase font size

According to the USDA's latest U.S. Export Sales report, corn net sales of 504,700 MT for the 2011/2012 marketing year resulted as increases for Mexico (315,300 MT, including 6,900 MT switched from unknown destination and decreases of 35,000 MT), Japan (251,000 MT, including 105,300 MT switched from unknown destinations and decreases of 5,800 MT), China (123,700 MT, including 126,700 MT switched from unknown destinations and decreases of 3,000 MT), El Salvador (29,300 MT, including 17,800 MT switched from unknown destinations), Guatemala (20,700 MT, including 18,800 MT switched from unknown destinations), and Taiwan (18,100 MT), were partially offset by decreases for unknown destinations (273,300 MT), the Dominican Republic (19,300 MT), and the French West Indies (7,800 MT).  

Net sales of 1,200 MT for delivery in 2012/2013 were reported for South Korea (700 MT) and Mexico (500 MT).  Exports of 886,900 MT were down 14 percent from the previous week and 5 percent from the prior 4-week average.  The primary destinations were to Japan (296,400 MT), South Korea (172,100 MT), Mexico (124,500 MT), China (123,700 MT), the Dominican Republic (37,500 MT), and Taiwan (26,600 MT).

Corn futures closed solidly lower on Wednesday. On Thursday corn opened slightly higher.

REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 504,698 695,497 -190,799
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 623,389 690,761 723,222
High 1,762,579 3,616,287 3,616,287
Low 208,948 208,948 -320,899
 
 
Chart

Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left

Feedback Form
Feedback Form