CORN:
Net weekly export sales for corn, came in at 1,225,200 metric tonnes for the current marketing year and 116,000 for the next marketing year for a total of 1,341,200.
As of April 23, cumulative corn sales stand at 86.5% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 82.1%. Sales of 312,000 metric tonnes are needed each week to reach the USDA forecast.
WHEAT:
Net weekly export sales for wheat, came in at 142,400 metric tonnes for the current marketing year and 108,800 for the next marketing year for a total of 251,200.
As of April 23, cumulative wheat sales stand at 97.8% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 96.4%. Sales of 107,000 metric tonnes are needed each week to reach the USDA forecast.
SOY COMPLEX:
Net weekly export sales for soybeans came in at 834,600 metric tonnes for the current marketing year and 335,500 for the next marketing year for a total of 1,170,100.
As of April 23, cumulative soybean sales stand at 96.5% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 92.6%. Sales of 61,000 metric tonnes are needed each week to reach the USDA forecast.
Net meal sales came in at 293,000 metric tonnes for the current marketing year and 100 for the next marketing year for a total of 293,100.
Cumulative soybean meal sales stand at 71.9% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 69.4%. Sales of 94,000 metric tonnes are needed each week to reach the USDA forecast.
Net oil sales came in at 31,100 metric tonnes for the current marketing year and 5,500 for the next marketing year for a total of 36,600. Sales stand at 84.8% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 87.2%. Sales of 5,000 metric tonnes are needed each week to reach the USDA forecast.
COTTON:
Net weekly export sales for cotton, came in at 212,300 running bales for the current marketing year and 53,900 for the next marketing year for a total of 266,200.
As of April 23, cumulative cotton sales stand at 103.8% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 94.8%.
BEEF:
Weekly US beef export sales for the week ending April 23 came in at 6,200 metric tonnes making it 190,800 metric tonnes for the year. This compares to year ago weekly sales of 7,800 metric tonnes and 219,200 for the year. Before Mad Cow (2003) cumulative sales as of this week were 334,200 metric tonnes.
