Market Perspectives – October 20, 2022

U.S. Export Statistics

Corn:  Net sales of 408,300 MT for 2022/2023 primarily for Mexico (183,700 MT, including decreases of 32,900 MT), Japan (77,600 MT, including 37,000 MT switched from unknown destinations), Honduras (47,900 MT, including 7,500 MT switched from Guatemala and decreases of 17,100 MT), Colombia (30,000 MT), and Panama (22,700 MT), were offset by reductions for Guatemala (7,000 MT).  Exports of 407,200 MT were primarily to Mexico (163,300 MT), China (71,400 MT), Honduras (49,000 MT), Japan (37,000 MT), and Saudi Arabia (30,700 MT).

Barley:  No net sales or exports were reported for the week.

Sorghum:  Net sales of 11,900 MT for 2022/2023 reported for unknown destinations (10,700 MT) and Mexico (1,600 MT), were offset by reductions for China (400 MT).  Exports of 5,700 MT were to Mexico.