U.S. Export Statistics
Corn: Net sales of 838,600 MT for 2017/2018 were down 16 percent from the previous week and 5 percent from the prior 4-week average. Increases were reported for Mexico (247,500 MT, including 32,000 MT switched from unknown destinations and decreases of 13,200 MT), Vietnam (136,800 MT, including 65,000 MT switched from unknown destinations and decreases of 1,100 MT), Colombia (85,400 MT, including 20,000 MT switched from unknown destinations and decreases of 2,600 MT), Saudi Arabia (69,900 MT, including 65,000 MT switched from unknown destinations), and Japan (67,200 MT, including decreases of 3,200 MT). Reductions were primarily for unknown destinations (164,400 MT) and France (15,000 MT). For 2018/2019, net sales of 418,300 MT were reported for unknown destinations (203,200), Japan (60,000 MT), Vietnam (60,000 MT), and Mexico (45,000 MT). Exports of 1,448,500 MT were down 24 percent from the previous week and 14 percent from the prior 4-week average. The destinations were primarily to Mexico (286,800 MT), Japan (279,600 MT), Colombia (140,400 MT), Vietnam (137,400 MT), and South Korea (136,500 MT).
Optional Origin Sales: For 2017/2018, options were exercised to export 65,000 MT to Vietnam from the United States. Options were exercised to export 50,000 MT to unknown destinations from other than the United States. The current optional origin outstanding balance of 487,000 MT is for South Korea (276,000 MT), unknown destinations (91,000 MT), Saudi Arabia (70,000 MT), and Egypt (50,000 MT). For 2018/2019, new optional origin sales of 70,000 MT were reported for Saudi Arabia.
Export Adjustments: Accumulated exports of corn to Japan were adjusted down 2,791 MT for week ending May 10th. This shipment was reported twice and is corrected in this week’s report.
Barley: There were no sales or exports for the 2017/2018 marketing year, which ended May 31. A total of 1,200 MT in sales were carried over to the 2018/2019 marketing year. Accumulated exports in 2017/2018 were 31,300 MT, up 23 percent from the prior year’s total of 25,400 MT.
Sorghum: Net sales of 11,900 MT for 2017/2018 were reported for unknown destinations (10,900 MT) and China (1,000 MT). Exports of 4,400 MT were down 94 percent from the previous week and 95 percent from the prior 4-week average. The destination was Taiwan.