Net U.S. corn sales during the week ended Aug. 11 totaled 99,300 MT for the 2021-22 marketing year, down 48% from the previous week and down 8% from the average for the previous four weeks. For 2022-23, net sales totaled 750,000 MT, primarily for “unknown destinations” (286,000 MT), Mexico (216,400 MT) and China (136,500 MT). New-crop sales topped trade expectations ranging from 300,000 to 700,000 MT.
Corn Sales Down From Last Week
Net U.S. corn sales during the week ended Aug. 11 totaled 99,300 MT for the 2021-22 marketing year, down 48% from the previous week.
(Commodity Update)