Market Perspectives – August 25, 2022

U.S. Export Statistics

Corn: Net sales of 1,028,700 MT for 2021/2022 were primarily for Mexico (510,100 MT), unknown destinations (348,100 MT), Japan (82,600 MT, including 87,900 MT switched from unknown destinations), Honduras (51,000 MT), and Colombia (13,600 MT). Net sales of 2,898,300 MT for 2022/2023 were primarily for Mexico (1,256,300 MT), unknown destinations (491,600 MT), Honduras (147,000 MT), Colombia (90,000 MT), and Costa Rica (53,700 MT). Exports of 313,800 MT were primarily to Mexico (184,800 MT), Japan (59,000 MT), Guatemala (15,400 MT), Canada (14,100 MT), and Venezuela (12,600 MT).

Optional Origin Sales: For 2021/2022, new optional origin sales of 65,000 MT were reported for unknown destinations. The current outstanding balance of 65,000 MT is for unknown destinations.

Barley: No net sales or exports were reported for the week.

Sorghum: Total net sales of 53,000 MT for 2021/2022 were reported for unknown destinations. No exports were reported for the week.