Japan Buys 180,000 Tons of Corn for Delivery in 2013/14 Marketing Year.

Posted on September 4, 2012


The USDA has reported an export sale of 180,000 metric tons of corn to Japan for delivery during the 2013/2014 marketing year by private exporters. This news caused an early spike in corn prices at market open. However, as of this writing the bullish momentum while strong is beginning to flatten.

See table below for details.

For week ending September 8, 2012

Report Date Crop Size of Sale
(Metric Tons)
Destination Country/Marketing Yr
September 5, 2012 Corn 180,000 Japan (2013/2014)

The marketing year for corn is September 1 – August 30.

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The Author of this post has a bear credit spread in Corn futures. Neither the author of this article or any family members own any futures contracts or options on futures in any of the other commodities mentioned in this article. For a complete disclosure of the policy on ownership of stocks/commodities written about or recommended, please see about page.

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