Market Perspectives September 24, 2015

U.S. Export Statistics

Corn: Net sales of 426,300 MT for delivery in 2015/2016 were down 20 percent from the previous week. Increases were reported primarily for Mexico (159,600 MT), Colombia (154,700 MT, including 93,600 MT switched from unknown destinations and decreases of 1,100 MT), Bangladesh (54,300 MT, including 50,000 MT switched from unknown destinations), Guatemala (39,900 MT), and Taiwan (18,100 MT), were partially offset by decreases for unknown destinations (23,800 MT) and Japan (4,700 MT). Exports of 795,400 MT were down 1 percent from the previous week. The primary destinations were Mexico (281,500 MT), Japan (187,700 MT), Colombia (163,600 MT), Bangladesh (54,300 MT), Peru (32,600 MT), Canada (28,000 MT), and Guatemala (21,800 MT).

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

Sorghum: Net sales of 58,200 MT for 2015/2016 were up noticeably from the previous week. Increases reported for China (228,900 MT, including 167,000 MT switched from unknown destinations and decreases of 1,400 MT) and Mexico (6,400 MT), were partially offset by decreases for unknown destinations (167,000 MT) and Japan (10,000 MT). Exports of 169,300 MT were to China (167,900 MT) and Mexico (1,400 MT).