Corn/USDA: USA sells 71.7 thousand tons of the 2022/23 harvest in the week

Maize (Corn)

United States

Published Sep 1, 2023

Tridge summary

In the week ending on August 24, US exporters sold 71.7 thousand tons of corn from the 2022/23 harvest, a significant decrease from the previous week and a 39% drop compared to the average of the previous four weeks. Colombia was the largest buyer, followed by Spain, Japan, the United Kingdom, and El Salvador. For the 2023/24 crop year, 991.8 thousand tons were sold, with Mexico being the biggest buyer. Shipments during this period reached 663.4 thousand tons, with Mexico, Colombia, Japan, Spain, and the United Kingdom being the main destinations.

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, 08/31/2023 - United States exporters sold 71.7 thousand tons of corn from the 2022/23 harvest in the week ended on August 24, the United States Department of Agriculture (USDA) informed a little while ago. The volume represents a significant decline compared to the previous week and a 39% drop compared to the average of the previous four weeks. In the week, the main buyers were Colombia (143.4 thousand t), Spain (58 thousand t), Japan (53.2 thousand t), United Kingdom (49.5 thousand t) and El Salvador (8.5 thousand t ), which offset cancellations made by undisclosed destinations (196.5 thousand t), Mexico (25 thousand t), Honduras (23.3 thousand t) and Guatemala (7.5 thousand t). For the 2023/24 crop year, 991.8 thousand tons were sold to Mexico (644 thousand tons), undisclosed destinations (111.5 thousand tons), Japan (80.6 thousand tons), Colombia (71.2 thousand tons ) and Panama (37.1 thousand t), which offset ...

Source: Broadcast