Corn Export Sales & Exports By Country for Week Ending March 29, 2012

Posted on April 5, 2012


2011/2012 marketing year net sales of 937,600 metric tons is considerably higher than last week. Weekly net sales for the 2012/2013 marketing year totalled 185,100 metric tons. The 2012/2013 marketing year outstanding sales total of 1,844,900 metric tons is 29.9% off last years pace.

Week Ending: 3/22/2012
Country Metric Tons Marketing
Year
Notes
Mexico 267,200 2011/2012 Includes 38,100 MT switched from unknown destinations and reductions of 7,500MT.
Japan 126,200 2011/2012 Includes 166,400 MT switched from unknown destinations and reductions of 38,400MT.
Venezuela 29,500 2011/2012 Includes 5,000 MT switched from unknown destinations.
Columbia 55,000 2011/2012  
South Korea 33,500 2011/2012  
Unknown Destinations -82,300 2011/2012  
**Unknown Destinations 120,000 2012/2013  
**Japan 30,400 2012/2013  
**Honduras 20,000 2012/2013  

Corn exports of 793,100 metric tons is 23 percent higher than a week ago. Accumulated exports for the 2011/2012 marketing year are -5.0 percent behind last years pace, an increase from just -3.6 percent a week ago . Primary export destinations listed below.

Week Ending: 3/22/2012 Marketing Year Data
Country Metric Tons YTD
Metric Tons
Last YTD
Metric Tons
Change
Mexico 215,600 5,915,100 3,573,700 +65.5%
Japan 246,700 7,263,900 8,272,800 -12.2%
S. Korea 129,900 2,672,600 3,500,300 -23.6%
Venezuela 52,500 688,200 257,200 +167.6%
Taiwan 92,500 893,900 1,261,800 -29.2%
Honduras 24,900 236,700 225,300 +5.1%

** = Sale for export in marketing year 2012/2013

Most Recent Articles Published Exclusively at Seeking Alpha

Recent Blog Posts At The Mays Report

Advertisements