U.S. Export Statistics
Due to the Monday, May 29 holiday, weekly U.S. export sales will be published on Friday, June 2. Updated U.S. export sales will be published in the June 8 edition of Market Perspectives.
Corn: Net sales of 457,200 MT for 2016/2017 were down 35 percent from the previous week and 33 percent from the prior 4-week average. Increases were reported for Japan (227,400 MT, including 156,300 MT switched from unknown destinations and decreases of 5,500 MT), Mexico (68,600 MT, including decreases of 2,600 MT), Taiwan (67,000 MT, including 65,000 MT switched from unknown destinations), South Korea (62,800 MT), and Bangladesh (53,400 MT, including 50,000 MT switched from Nigeria). Reductions were reported for unknown destinations (120,000 MT), Nigeria (50,000 MT), and the Dominican Republic (3,200 MT). For 2017/2018, net sales of 500 MT were reported for unknown destinations. Exports of 1,052,400 MT were down 32 percent from the previous week and 14 percent from the prior 4-week average. The primary destinations were Japan (464,900 MT), Mexico (348,600 MT), Taiwan (70,300 MT), Bangladesh (52,900 MT), and Peru (42,500 MT).
Optional Origin Sales: The current optional origin outstanding balance for 2016/2017 of 191,000 MT is for unknown destinations (123,000 MT) and South Korea (68,000 MT). The current outstanding balance for 2017/2018 of 58,000 MT is for unknown destinations.
Barley: There were no sales or exports reported during the week.
Sorghum: Net sales reductions of 3,200 MT for 2016/2017 resulted as increases for China (49,200 MT, switched from unknown destinations) and Mexico (600 MT), were more than offset by reductions for unknown destinations (53,000 MT). Exports of 49,400 MT were down 41 percent from the previous week and 47 percent from the prior 4-week average. The destinations were China (49,200 MT) and Mexico (200 MT).
