U.S. Export Statistics
Corn: Net sales of 151,600 MT for 2021/2022–a marketing-year low–were down 63 percent from the previous week and 73 percent from the prior 4-week average. Increases primarily for Japan (112,900 MT, including 148,100 MT switched from unknown destinations and decreases of 39,600 MT), Colombia (55,900 MT, including 53,000 MT switched from unknown destinations and decreases of 2,300 MT), Venezuela (20,600 MT, including decreases of 1,100 MT), Canada (20,100 MT, including decreases of 2,500 MT), and Mexico (17,200 MT, including decreases of 11,700 MT), were offset by reductions primarily for South Korea (57,000 MT), unknown destination (54,900 MT), and China (23,000 MT). Net sales of 58,300 MT for 2022/2023 reported for unknown destinations (36,800 MT) and Costa Rica (32,600 MT), were offset by reductions for Mexico (11,200 MT).
Exports of 1,821,100 MT were up 34 percent from the previous week and 15 percent from the prior 4-week average. The destinations were primarily to China (793,000 MT), Japan (352,200 MT), Mexico (308,500 MT), Canada (75,500 MT), and South Korea (63,300 MT).
Optional Origin Sales: For 2021/2022, options were exercised to export 65,000 MT to unknown destinations from the United States. The current outstanding balance of 343,300 MT is for unknown destinations (235,000 MT), South Korea (65,000 MT), Italy (34,300 MT), and Saudi Arabia (9,000 MT). For 2022/2023, the current outstanding balance of 35,400 MT is for Italy.
Export Adjustment: Accumulated exports of corn to unknown destinations were adjusted down 21,677 MT for week ending May 12th. This shipment was reported in error.
Barley: No net sales or exports were reported for the week.
Sorghum: Total net sales reductions of 4,100 MT for 2021/2022 were down 94 percent from the previous week and down noticeably from the prior 4-week average. The reduction includes decreases of 9,200 MT for China. Exports of 192,500 MT were unchanged from the previous week, but down 9 percent from the prior 4-week average. The destination was to China.
