Market Perspectives December 6, 2013

U.S. Export Statistics

Corn: Net sales of 593,600 MT for 2013/14 marketing year were reported for China (362,600 MT, including 306,000 MT switched from unknown destinations and decreases of 4,000 MT), South Korea (123,000 MT, including 60,000 MT switched from unknown destinations), Cuba (100,000 MT), Mexico (62,100 MT), Japan (34,000 MT) and Peru (30,000 MT). Decreases were reported for unknown destinations (158,800 MT) and Guatemala (1,900 MT). Exports of 1,042,100 MT were primarily to China (587,900 MT), Mexico (172,400 MT), Japan (130,200 MT), South Korea (66,900 MT) and Guatemala (20,900 MT). Optional Origin Sales: For 2013/14, outstanding optional origin sales total 100,000 MT, all Mexico.

Barley: There were no sales reported during the week. Exports of 300 MT were to Taiwan. 

Sorghum: Net sales of 6,200 MT for 2013/14 resulted as increases for China (7,000 MT), were partially offset by decreases for Japan (800 MT). Exports of 5,500 MT were to Japan (4,300 MT) and China (1,200 MT). Optional Origin Sales: For 2013/14, outstanding optional origin sales total 60,000 MT, all China.