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EXPORT SALES REPORT

FOR WEEK ENDING 8/7/97


			Weekly		Sales to Date
Grains			Sales	Unshipped	Total	Prev Yr
Corn			—0.9	146.2		1786.5	2251.4
Sorghum			 0.9	 19.8		 204.9	 191.4
Soybeans		—0.4	 46.1		 914.5	 886.4
All Wheat		23.6	204.8		 391.0	 463.8
	Durum		 1.3	 13.4		  22.0	  19.2
	Hard Spring	 2.9	 37.0		  80.1	 101.5
	Hard Winter	14.4	 80.5		 150.0	 166.9
	Soft Red	 1.4	 41.0		  79.9	 106.8
	White Wheat	 3.6	 32.9		  58.9	  69.3

Other Commodities

Soybean Oil-X		30.8	  99.9		 797.5	 257.5
Soybean Meal-X		17.4	 287.5		5327.3	4211.7
Rice-X			23.3	 227.8		 237.7	 274.5
Cotton-Y		65.4	2321.6		2426.1	1575.9

			Weekly New	Total New
Grains			Crop Sales	Crop Sales
Corn			6.3		174.0
Sorghum			0.6		  9.4
Soybeans		7.1		202.9
All Wheat		0.0		  0.0
	Durum		0.0		  0.0
	Hard Spring	0.0		  0.0
	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		  4.0
Soybean Meal-X		15.1		953.6
Rice-X			 0.0		  0.0
Cotton-Y		25.0		 57.6

X"In 1,000 metric tons.

Y"In 1,000 bales.

Corn sales were a miserable 5.4 million bushels, with old-crop sales a net negative, due to cancellations of 7 mbu by “unknown,” and another 52,000 ton vessel by South Korea. Soybean sales were also low, 6.7 mbu net, with cancellations by “unknown” and Netherlands of 2.3 million bushels offsetting old-crop sales to Italy and Mexico. Wheat sales were the brightest spot, though only equal to the 4-week moving average. The biggest buyer was “unknown.”

August 14, 1997 DTN Grains

Consensus National Futures and Financial On Line Index

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