Market Perspectives November 8, 2013

U.S. Export Statistics

Corn: Net sales of 1,718,600 MT for 2013/14 were reported for Japan (382,400 MT, including 76,000 MT switched from unknown destinations and decreases of 9,000 MT), unknown destinations (330,600 MT), South Korea (308,200 MT), China (289,400 MT, including 55,000 MT switched from unknown destinations and decreases of 6,700 MT), Mexico (221,100 MT) and Egypt (110,000 MT). Exports of 710,200 MT were primarily to Mexico (295,400 MT), China (194,100 MT), Japan (132,700 MT), Colombia (38,300 MT) and Indonesia (22,600 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 200 MT were to Taiwan.

Sorghum: Net sales of 18,800 MT for 2013/14 were for Japan (20,500 MT, including 10,700 MT switched from unknown destinations). Decreases were reported for unknown destinations (1,700 MT). Exports of 29,800 MT were to Japan (29,700 MT) and Mexico (100 MT). Optional Origin Sales: For 2013/14, outstanding optional origin sales total 60,000 MT, all China.