USA sells 367.5 thousand tons of the corn 2023/24 harvest in the week

By Audryn Karolyne, with information from Dow Jones Newswires São Paulo, 01/05/2024 - United States exporters reported sales of 367.5 thousand tons of corn from the 2023/24 harvest, including cancellations, in the week ending December 28, the Department of Agriculture of the United States recently reported. United States (USDA). The volume - the lowest of the commercial year - represents a drop of 70% compared to the previous week and in relation to the average of the previous four weeks. The main buyers were Mexico (171.1 thousand t), Colombia (165.3 thousand t), Japan (60.1 thousand t), Honduras (7.2 thousand t) and Dominican Republic (4.2 thousand t), which offset the cancellations made by Guatemala (24 thousand t), Nicaragua (12.1 thousand t), French Antilles (6.1 thousand t), undisclosed destinations (1.6 thousand t) and Canada (100 t). For the 2024/25 harvest, cancellations exceeded sales by 200 tons. The main buyer was Mexico (800 t), while Colombia canceled a purchase of a ...