Market Perspectives – October 7, 2021

U.S. Export Statistics

Corn:  Net sales of 1,265,100 MT for 2021/2022 primarily for Mexico (801,400 MT, including decreases of 500 MT), Colombia (192,500 MT, including 100,000 MT switched from unknown destinations and decreases of 32,800 MT), Honduras (96,800 MT, including decreases of 10,300 MT), Canada (94,600 MT, including decreases of 100 MT), and Guatemala (60,000 MT), were offset by reductions for unknown destinations (149,500 MT).  Exports of 974,600 MT were primarily to Mexico (349,100 MT), China (212,300 MT), Japan (193,100 MT), Colombia (125,800 MT), and Venezuela (24,800 MT).

Optional Origin Sales:  For 2021/2022, the current outstanding balance of 170,000 MT is for unknown destinations.

Barley:  No net sales were reported for the week.  Exports of 1,000 MT for 2021/2022 were for Japan (800 MT) and Taiwan (200 MT).

Sorghum:  Total net sales of 2,400 MT for 2021/2022 were reported for Mexico, including decreases of 600 MT.  Exports of 47,900 MT were to Mexico (45,500 MT) and China (2,400 MT).