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EXPORT SALES REPORT

FOR WEEK ENDING 10/30/97


		Weekly			Sales to Date
Grains		Sales		Unshipped	Total	Prev Yr
Corn		31.2		287.3		531.7	790.2
Sorghum		 8.4		 36.9		 67.1	 83.5
Soybeans	14.7		297.8		487.0	412.6
All Wheat	 7.3		155.7		643.9	669.2
Durum		 0.8		 12.1		 34.0	 21.9
Hard Spring	 2.9		 36.6		142.2	186.7
Hard Winter	 1.9		 64.3		228.4	206.9
Soft Red	 1.9		 15.9		124.6	126.5
White Wheat	—0.3		 26.8		114.8	127.1

Other Commodities

Soybean Oil-X	 2.0		 167.1		 240.0	152.0
Soybean Meal-X 147.1		2763.5		3167.2 2026.0
Rice-X	       111.0		 614.8		 972.7	902.1
Cotton-Y       114.1		3489.7		4529.1 3065.5

			Weekly New	Total New
Grains			Crop Sales	Crop Sales
Corn			0.0		0.0
Sorghum			0.0		0.0
Soybeans		0.0		0.0
All Wheat		0.4		0.4
Durum			0.0		0.0
Hard Spring		0.4		0.4
Hard Winter		0.0		0.0
Soft Red		0.0		0.0
White Wheat		0.0		0.0

Other Commodities

Soybean Oil-X		0.0		0.0
Soybean Meal-X		0.0		0.0
Rice-X			0.0		0.0
Cotton-Y		1.5		78.4

X"In 1,000 metric tons.

Y"In 1,000 bales.

Corn export sales were more than 20% above trade estimates at 31.1 mbu. The largest buyers were Japan, Taiwan, “unknown,” Columbia, Egypt, and South Korea. Shipments were also up 29% from last week. Wheat sales were the worst of the marketing year at 7.2 mbu. There were 2.1 mbu. in cancellations. Biggest buyers were Morocco, South Korea, Venezuela, and Mexico. Soybean sales were within trade estimates. China bought 8.4 mill. bushels, with Belgium second at 3.76. Meal sales were solid once again, China took 40,000 soyoil, but from “unknown.”

November 6, 1997 DTN Grains

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