USDA: Corn exports climb slightly

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

According to the USDA's latest U.S. Export report, corn exports of 818,100 MT were up 5 percent from last week and 2 percent from the 4-week average.  The primary destinations were to Japan (341,900 MT), Mexico (279,500 MT), South Korea (89,800 MT), Cuba (26,100 MT), Venezuela (22,000 MT), and Colombia (20,700 MT).

Corn net sales of 690,000 MT for the 2011/2012 marketing year resulted as increases for Japan (221,600 MT, including 91,900 MT switched from unknown destinations and decreases of 16,000 MT), Mexico (143,700 MT, including 82,900 MT switched from unknown destinations and decreases of 12,500 MT), China (122,000 MT), Taiwan (85,700 MT), South Korea (34,400 MT, including 30,000 MT switched from unknown destinations), and unknown destinations (27,900 MT).  Net sales of 23,000 MT for delivery in the 2012/2013 marketing year were reported for Mexico

Corn futures closed higher on Wednesday as spillover support from soybeans and technical buying helped push corn futures. On Thursday futures opened 2 cents lower as the market is pulling back from recent gains as the market struggles to push above the trading range established over the past month.


REPORT THIS WEEK LAST WEEK DIFFERENCE
  Sales 689,959 840,768 -150,809
 
SALES 10 WEEKS 27 WEEKS THIS YEAR
Average 680,046 801,825 772,774
High 1,005,851 3,616,287 1,005,851
Low 299,464 208,948 321,466
 
 
Chart

Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...

Related Articles

No matching related articles at this time.



Comments (0) Leave a comment 

Name
e-Mail (required)
Location

Comment:

characters left


Grain Storage Systems

Behlen Grain Storage Systems offers large capacity bins with diameters from 16’ to 157’ and capacities exceeding 1,500,000 bushels. All ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form