USDA reports wheat sales to Mexico, South Korea, soybeans to China

U.S. exporters net sales of wheat for the 2011/2012 marketing year were 604,700 metric tons over the January 13-19 period, up 3 percent from the previous week and 59 percent from the previous four-week average, according to the United States Department of Agriculture.
Increases in wheat sales for 2011/2012 marketing year were primarily for South Korea, with exports of 196,000 metric tons, Mexico with exports of 126,800 metric tons, and Japan with exports of 85,700 metric tons, as well as Indonesia (61,000 metric tons) and Yemen (50,000 metric tons). Decreases in wheat exports were reported for unknown destinations (97,300 metric tons) and Peru (11,200 metric tons). A combined net sales of 14,000 metric tons of wheat for delivery in 2012/2013 marketing year were reported for Italy (9,000 metric tons) and Mexico (5,000 metric tons). For this period, exports of 424,600 metric tons were higher by 19 percent from the previous week, and 22 percent higher from the prior four-week average. The primary destinations were to South Korea (82,500 metric tons), Mexico (77,600 metric tons), Japan (58,600 metric tons), Nigeria (43,300 metric tons) and Peru (27,100 metric tons). 
Net corn sales of 958,100 metric tons were reported for the 2011/2012 marketing year, thanks to increases for Japan (311,900 metric tons), Mexico (264,100 metric tons), South Korea (186,600 metric tons), Egypt (120,000 metric tons), Costa Rica (78,100 metric tons) and China (72,800 metric tons). The net sales increases were partially offset by decreases for unknown destinations (151,200 metric tons), the Dominican Republic (10,500 metric tons) and Guatemala (5,900 metric tons). A combined net sales of 82,500 metric tons of corn for delivery in 2012/2013 marketing year were reported for Mexico (45,000 metric tons), Japan (32,500 metric tons) and Nicaragua (5,000 metric tons). For this period, exports of 940,700 metric tons of corn were up 25 percent from the previous week and 24 percent from the previous four-week average. The primary destinations were to Japan (214,000 metric tons), Mexico (193,300 metric tons), South Korea (126,700 metric tons), China (120,200 metric tons), Saudi Arabia (70,200 metric tons) and Taiwan (48,700 metric tons). 
Net sales of soybeans for the 2011/2012 marketing year were 466,300 metric tons, a 53 percent decrease from the previous week and 21 percent lower than the prior four-week average. Increases were primarily for China (360,900 metric tons), Mexico (143,500 metric tons), Egypt (60,000 metric tons), Turkey (41,300 metric tons), Costa Rica (30,100 metric tons), and Spain (30,000 metric tons). Decreases in soybean exports were reported for unknown destinations (258,000 metric tons) and Japan (8,500 metric tons). A combined net sales of 126,000 metric tons for delivery in 2012/2013 marketing year were reported for China (120,000 metric tons) and Japan (6,000 metric tons). Exports of 1,184,500 metric tons were reported primarily to China (890,600 metric tons), Mexico (121,100 metric tons), Turkey (41,300 metric tons), Japan (40,500 metric tons), Tunisia (32,200 metric tons) and Taiwan (29,600 metric tons).