Market Perspectives – September 19, 2014

U.S. Export Statistics

Corn: Net sales of 659,700 MT for 2014/2015 were reported primarily for Peru (142,500 MT, including 60,000 MT switched from unknown destinations), Japan (126,000 MT, including 4,500 MT switched from unknown destinations), Mexico (104,500 MT), Guatemala (84,200 MT, including 35,800 MT switched from Costa Rica and 21,400 MT switched from unknown destinations), and South Korea (68,300 MT, including 65,000 MT switched from unknown destinations). Decreases were reported for Costa Rica (32,300 MT), Canada (8,300 MT), and Egypt (3,200 MT). Exports of 722,400 MT were primarily to Mexico (175,200 MT), Japan (91,400 MT), South Korea (87,000 MT), Colombia (69,000 MT), Egypt (64,800 MT), Peru (61,400 MT), Guatemala (40,100 MT), and Venezuela (37,000 MT).

 Barley: Net sales of 42,600 MT for 2014/2015–marketing-year high–were reported for unknown destinations (25,000 MT), Japan (17,000 MT), and Taiwan (600 MT). Net sales reductions of 25,000 MT for 2015/2016 were reported for unknown destinations. Exports of 900 MT were reported to Taiwan (800 MT) and South Korea (100 MT).

Sorghum: Net sales of 332,400 MT for 2014/2015 were reported for China. Exports of 111,500 MT were reported to China.