U.S. Corn Export Sales

Sales for 2018/19 are 26.88 mmt behind

Next Release

Thursday, November 05th, 8:30:00 AM EST

United States export sales are reported weekly by the Foreign Agricultural Service. Selected data from the latest release is reported below along with analystical tools developed by CropReports.com. The report is normally released every Thursday at 8:00 AM EDT, except for when there is a holiday in the release week. This page is automatically updated with the latest report data.

Weekly Export Sales Released October 29, 2020

Data from the Foreign Agricultural Service

For the week ending Oct 22, 2020 the Foreign Agricultural Services reported new net corn sales of 2,243,700 metric tons for the 2018/19 marketing year, and 0 metric tons for the 2019/20 marketing year. This is the 74th week reported for 2018/19 and the 23rd week of the current marketing year which started Sep. 1st, and ends Aug. 31st, 2018.

Current Marketing Year

2018/19 Marketing Year

Next Marketing Year

2019/20 Marketing Year

2018/19 Corn Export Sales Pace

Corn export sales are currently 26.88 million metric tons (MMT) behind of the current USDA export prediciton of 62.23 MMT. The green pace line in the chart below shows predicted weekly sales, seasonally adjusted, to equal the current USDA export prediction. If a week's actual sales are higher than the green line, then that week's sales are larger than expected. If a week's sales are lower than the green line, then sales are less than expected. Charts for both the current, and next, marketing year are displayed below.

Sales for 2018/19 Marketing Year

 

2019/20

 

Full Year Predictions

Assumes constant carry over
 
2018/19
2019/20

USDA

62.23

62.23

Green

35.35

5.69

Blue

35.35

5.69

This Week's Sales

As of Oct 22, 2020
 
2018/19
2019/20

Actual

2,243,700

0

Green

0

0

Blue

0

0

Sales to Date

 
 
2018/19
2019/20

Sales

35.35

5.69

Carry-Over

0.00

0.00

Commitments

35.35

5.69

What are the Green and Blue Paces?

Weekly export sales exhibit seasonal trends throughout the year. The Green Pace is the seasonal sales pace over the last 10 years scaled to the current USDA exports. Although there is an obvious seasonality in sales, there is a large variation in sales for any given week. The green band around the seasonal green pace gives a loose sense of a normal range for a given week.

The blue pace is the same seasonally adjusted average as the green pace, but is scaled to the last 4 weeks sales, instead of the USDA export prediction. This shows whether recent sales have been stronger or weaker than the USDA prediction.