Market Perspectives September 18, 2015

U.S. Export Statistics

Corn:  Net sales of 533,000 MT for delivery in 2015/2016 were reported primarily for Mexico (381,00 MT, including 9,700 MT, late reporting), Japan (55,000 MT, including 5,000 MT switched from unknown destinations and decreases of 1,900 MT), Peru (39,500 MT, including 30,000 MT switched from unknown destinations),Taiwan (35,900 MT), and Costa Rica (23,300 MT, including 20,500 MT switched from unknown destinations), were partially offset by decreases for unknown destinations (25,100 MT), Colombia (18,300 MT), and Panama (5,000 MT).  Exports of 806,600 MT were primarily to Mexico (346,400 MT, including 9,700 MT late reporting), Japan (192,200 MT), South Korea (60,700 MT), Peru (60,000 MT), Canada (46,400 MT), Colombia (40,600 MT), and Costa Rica (21,300 MT).

Barley:  There were no sales or exports reported during the week.

Sorghum: Net sales of 3,400 MT for 2015/2016 resulted as increases for China (57,400 MT, including 54,000 MT switched from unknown destinations and decreases of 600 MT), were partially offset by decreases for unknown destinations (54,000 MT).  Exports of 108,900 MT were to China (107,400 MT) and Mexico (1,500 MT).