U.S. Export Statistics
Corn: Net sales of 1,246,600 MT for 2022/2023 were up 20 percent from the previous week, but down 26 percent from the prior 4-week average. Increases primarily for China (586,100 MT), unknown destinations (164,500 MT), Mexico (143,600 MT, including decreases of 2,500 MT), Japan (117,000 MT, including 51,200 MT switched from unknown destinations, decreases of 4,300 MT, and 11,000 MT – late), and South Korea (77,800 MT, including 68,000 MT switched from unknown destinations), were offset by reductions primarily for Hong Kong (41,900 MT), Panama (26,000 MT), and Canada (18,200 MT). Total net sales of 26,200 MT for 2023/2024 were for Japan.
Exports of 1,136,800 MT were up 70 percent from the previous week and 8 percent from the prior 4-week average. The destinations were primarily to Mexico (461,900 MT), South Korea (197,300 MT), Japan (130,200 MT, including 10,400 MT – late), Saudi Arabia (73,500 MT), and Guatemala (56,400 MT).
Optional Origin Sales: For 2022/2023, decreases of 90,000 MT were reported for South Korea (50,000 MT) and Egypt (40,000 MT). The current outstanding balance of 50,000 MT, all South Korea.
Export Adjustments: Accumulated exports of corn to Venezuela were adjusted down 1,000 MT for week ending March 2nd. This shipment was reported in error.
Late Reporting: For 2022/2023, net sales totaling 11,000 MT of corn were reported late for Japan. Exports of 10,441 MT were late to Japan.
Barley: No net sales or exports were reported for the week.
Sorghum: No net sales were reported for the week. Exports of 600 MT were down noticeably from the previous and down 99 percent from the prior 4-week average. The destination was to Mexico.
