Corn/USDA: USA sells 566.9 thousand tons of the 2023/24 harvest in the week

Maize (Corn)

United States

Market & Price Trends

Published Sep 22, 2023

Tridge summary

According to the United States Department of Agriculture (USDA), US exporters sold 566.9 thousand tons of corn from the 2023/24 harvest in the week ending September 14. Japan, Mexico, and China were the main buyers, while Jamaica, El Salvador, and Costa Rica canceled their orders. Sales were on the lower end of analysts' forecasts, and no sales were reported for the 2024/25 harvest.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

By Ana Ritti, with information from Dow Jones Newswires São Paulo, 09/21/2023 - United States exporters reported sales of 566.9 thousand tons of corn from the 2023/24 harvest in the week ending September 14, the United States Department of Agriculture (USDA) recently reported. The main buyers were Japan (197.3 thousand t), Mexico (131.7 thousand t), China (71.2 thousand t), undisclosed destinations (57.8 thousand t) and Colombia (45 thousand t), which offset cancellations in Jamaica (18 thousand t), El Salvador (3.2 thousand t) and Costa Rica (1.2 thousand t). For the 2024/25 harvest, no sales were reported. The total sold was close to the bottom of analysts' forecasts, which expected sales between 550 thousand tons and 850 thousand tons. ...

Source: Broadcast