Net U.S. Corn Sales Drop

USDA reported net U.S. corn sales during the week ended July 14 of 33,900 MT for the 2021-22 marketing year, down 43% from the previous week and down 82% from the average for the previous four weeks. For 2022-23, net sales totaled 570,200 MT, up from 348,200 MT the previous week and exceeding trade expectations for sales of 100,000 to 500,000 MT.