The United States sells 150,300 tons of corn from the 2021/22 crop in the week

Published 2022년 7월 28일

Tridge summary

In the week ending July 21, 2022, US corn exports saw significant activity, with sales of 150,300 tonnes for the 2021/22 crop reported by the USDA. This figure marks a notable increase from the previous week and the average of the past four weeks. The main buyers included Mexico, Japan, Colombia, Guyana, and Guatemala, offsetting cancellations from El Salvador, Canada, Taiwan, and South Korea. For the 2022/23 harvest, 193.7 thousand tons were sold, with Mexico, unidentified destinations, and Costa Rica as the primary buyers, canceling orders from Taiwan and Honduras. The total shipments for the period amounted to 867.9 thousand tons, a 22% decrease from the previous week and a 19% decrease from the average of the previous four weeks, with Mexico, China, Japan, Guatemala, and Colombia as the main recipients.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

US exporters reported sales of 150,300 tonnes of corn for the 2021/22 crop in the week ended July 21, the US Department of Agriculture (USDA) recently reported. The volume is significantly higher compared to that traded in the previous week and compared to the average of the previous four weeks. During the week, the main buyers were Mexico (70 thousand t), Japan (41.7 thousand t), Colombia (15.5 thousand t), Guyana (10.4 thousand t) and Guatemala (9.3 thousand t), which offset the cancellations made by El Salvador (3,400 t), Canada (2,100 t), Taiwan (100 t) and South Korea (100 t). For the 2022/23 harvest, 193.7 thousand tons were sold. The main buyers were Mexico (107,300 t), undisclosed destinations (59,600 t) and Costa Rica (19,800 t), which offset the cancellations made by Taiwan (300 t) and Honduras (100 t ). The result of the sum of the two crops came within the forecast of analysts consulted by Dow Jones Newswires, who expected volume between 200 thousand tons and 700 ...
Source: Novacana

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