Market Perspectives – September 30, 2021

U.S. Export Statistics

Corn:  Net sales of 370,400 MT for 2021/2022 primarily for Guatemala (138,400 MT), Mexico (102,600 MT, including decreases of 5,900 MT), Canada (87,600 MT, including decreases of 200 MT), Japan (77,400 MT, including 88,600 MT switched from unknown destinations and decreases of 11,800 MT), and Costa Rica (33,000 MT, including 30,000 MT switched from unknown destinations), were offset by reductions primarily for unknown destinations (110,900 MT).  Exports of 676,200 MT were primarily to Mexico (262,200 MT), China (140,400 MT), Japan (107,900 MT), Honduras (49,500 MT), and Costa Rica (30,900 MT).

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

Barley:  Total net sales of 5,000 MT for 2021/2022 were for Japan. No exports were reported for the week.

Sorghum:  Net sales of 78,800 MT for 2021/2022 were reported for unknown destinations (65,000 MT), Mexico (11,300 MT), and China (2,500 MT, including decreases of 1,400 MT).  Exports of 112,500 MT were to China (110,500 MT) and Mexico (2,000 MT).