|United States Department of Agriculture
|Foreign Agricultural Service
World Markets and Trade
COARSE GRAINS: WORLD MARKETS AND TRADE
U.S. corn export prices averaged $168 per
ton in March, up slightly from the prior month.
U.S. sales and shipments picked up despite brisk
competitor shipments, and continued weak demand
overseas. Sorghum, on the other hand, was up
about $10 per ton from February amidst strong
shipments during the month.
CORN TRADE CHANGES
Ukraine are both boosted to record
levels (1.0 million and 4.5 million tons,
respectively) on brisk trade to North Africa
and the Middle East.
imports are boosted 200,000 tons to a record
1.8 million based on reduced crop prospects
and firm demand.
is slashed 400,000 tons to just 100,000, the
lowest in nearly 20 years, with ample
domestic supplies, soft demand, and
increased use of distillers dried grains (DDG).
is raised 200,000 tons to 2.7 million in
light of last year’s smaller crop and
reports of brisk import demand.
is cut 500,000 tons to 7.0 million because
of stagnant livestock production, slow
import demand, and increased use of DDGs.
is raised 200,000 tons to 750,000 with
strong U.S. sales and shipments.
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