Market Perspectives – November 3, 2022

U.S. Export Statistics

Corn:  Net sales of 372,200 MT for 2022/2023 primarily for Mexico (193,000 MT), Japan (132,100 MT, including 107,100 MT switched from unknown destinations), unknown destinations (69,600 MT), Canada (23,100 MT), and Costa Rica (9,900 MT, including decreases of 1,100 MT), were offset by reductions primarily for China (65,900 MT).  Exports of 450,200 MT were primarily to China (144,300 MT), Mexico (144,200 MT), Japan (107,100 MT), Jamaica (20,000 MT), and Taiwan (13,100 MT).

Barley:  Total net sales reduction of 1,500 MT for 2022/2023 were for Japan.  No exports were reported for the week.

Sorghum:  Total net sales of 12,200 MT for 2022/2023 were for Mexico.  Exports of 9,200 MT were to Mexico.