U.S. Export Statistics
Corn: Net sales of 62,400 MT for 2016/2017 were up 20 percent from the previous week, but down 61 percent from the prior 4-week average. Increases were reported for South Korea (71,900 MT), China (68,200 MT, including 65,000 MT switched from unknown destinations), Colombia (50,400 MT, including 30,000 MT switched from unknown destinations), Peru (48,300 MT, including 45,000 MT switched from unknown destinations), and Mexico (47,600 MT, including 30,000 MT switched from unknown destinations). Reductions were reported for unknown destinations (260,800 MT) and Portugal (25,000 MT). For 2017/2018, net sales of 671,800 MT were reported primarily for Mexico (283,300 MT), unknown destinations (168,800 MT), and Japan (102,000 MT). Exports of 698,500 MT were down 28 percent from the previous week and 30 percent from the prior 4-week average. The primary destinations were Mexico (304,800 MT), South Korea (71,500 MT), China (67,000 MT), Colombia (46,900 MT), and Peru (38,200 MT).
Optional Origin Sales: For 2016/2017, options were exercised to export 68,000 MT to South Korea from the United States. The current optional origin outstanding balance is 54,000 MT, all unknown destinations. For 2017/2018, the current outstanding balance is 112,000 MT, all unknown destinations.
Barley: No net sales were reported for the week. Exports of 500 MT were reported to Taiwan (300 MT) and Japan (200 MT).
Sorghum: Net sales of 17,500 MT for 2016/2017 resulted as increases for China (73,500 MT, including 66,000 MT switched from unknown destinations) and Japan (10,000 MT), were partially offset by reductions for unknown destinations (66,000 MT). Exports of 69,300 MT were down 32 percent from the previous week and 28 percent from the prior 4-week average. The destinations were China (68,500 MT), Mexico (600 MT), and South Korea (200 MT).