The Hightower Report

CORN:

Net weekly export sales for corn, came in at 757,600 metric tonnes for the current marketing year and 577,100 for the next marketing year for a total of 1,334,700.

Cumulative corn sales stand at 101.6% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 98.3%.

WHEAT:

Net weekly export sales for wheat, came in at 342,300 metric tonnes for the current marketing year and none for the next marketing year for a total of 342,300.

For wheat, cumulative sales stand at 22.7% of the USDA forecast for 2009/2010 (current) marketing year versus a 5 year average of 31.0%. Sales of 426,000 metric tonnes are needed each week to reach the USDA forecast.

SOY COMPLEX:

Net weekly export sales for soybeans came in at 320,000 metric tonnes for the current marketing year and 382,000 for the next marketing year for a total of 702,000.

As of July 16, cumulative soybean sales stand at 101.4% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 99.9%.

Meal sales came in at 157,600 metric tonnes for the current marketing year and 35,100 for the next marketing year for a total of 192,700.

Cumulative soybean meal sales stand at 85.2% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 82.9%. Sales of 110,000 metric tonnes are needed each week to reach the USDA forecast.

Soybean oil sales came in at 17,500 metric tonnes for the current marketing year and -6,000 for the next marketing year for a total of 11,500.

Cumulative soybean oil sales stand at 79.7% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 94.4%. Sales of 19,000 metric tonnes are needed each week to reach the USDA forecast.

COTTON:

Net weekly export sales for cotton, came in at -1,500 running bales for the current marketing year and 51,200 for the next marketing year for a total of 49,700.

Cumulative cotton sales stand at 106.7% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 111.1%.

BEEF:

Weekly US beef export sales for the week ending July 16 came in at 9,000 metric tonnes making it 292,500 metric tonnes for the year. This compares to year ago weekly sales of 21,900 metric tonnes and 346,900 for the year. Before Mad Cow (2003) cumulative sales as of this week were 540,700 metric tonnes.

CORN:

Net weekly export sales for corn, came in at 1,225,200 metric tonnes for the current marketing year and 116,000 for the next marketing year for a total of 1,341,200.

As of April 23, cumulative corn sales stand at 86.5% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 82.1%. Sales of 312,000 metric tonnes are needed each week to reach the USDA forecast.

WHEAT:

Net weekly export sales for wheat, came in at 142,400 metric tonnes for the current marketing year and 108,800 for the next marketing year for a total of 251,200.

As of April 23, cumulative wheat sales stand at 97.8% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 96.4%. Sales of 107,000 metric tonnes are needed each week to reach the USDA forecast.

SOY COMPLEX:

Net weekly export sales for soybeans came in at 834,600 metric tonnes for the current marketing year and 335,500 for the next marketing year for a total of 1,170,100.

As of April 23, cumulative soybean sales stand at 96.5% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 92.6%. Sales of 61,000 metric tonnes are needed each week to reach the USDA forecast.

Net meal sales came in at 293,000 metric tonnes for the current marketing year and 100 for the next marketing year for a total of 293,100.

Cumulative soybean meal sales stand at 71.9% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 69.4%. Sales of 94,000 metric tonnes are needed each week to reach the USDA forecast.

Net oil sales came in at 31,100 metric tonnes for the current marketing year and 5,500 for the next marketing year for a total of 36,600. Sales stand at 84.8% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 87.2%. Sales of 5,000 metric tonnes are needed each week to reach the USDA forecast.

COTTON:

Net weekly export sales for cotton, came in at 212,300 running bales for the current marketing year and 53,900 for the next marketing year for a total of 266,200.

As of April 23, cumulative cotton sales stand at 103.8% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 94.8%.

BEEF:

Weekly US beef export sales for the week ending April 23 came in at 6,200 metric tonnes making it 190,800 metric tonnes for the year. This compares to year ago weekly sales of 7,800 metric tonnes and 219,200 for the year. Before Mad Cow (2003) cumulative sales as of this week were 334,200 metric tonnes.

CORN:

Net weekly export sales for corn, came in at 1,107,700 metric tonnes for the current marketing year and 200 for the next marketing year for a total of 1,107,900.

As of January 22, cumulative corn sales stand at 53.3% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 60.1%. Sales of 654,000 metric tonnes are needed each week to reach the USDA forecast.

WHEAT:

Net weekly export sales for wheat, came in at 23,500 metric tonnes for the current marketing year and -80,000 for the next marketing year for a total of -56,500.

As of January 22, cumulative wheat sales stand at 82.1% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 80.1%. Sales of 264,000 metric tonnes are needed each week to reach the USDA forecast.

SOY COMPLEX:

Net weekly export sales for soybeans came in at 526,100 metric tonnes for the current marketing year and 6,100 for the next marketing year for a total of 532,200.

As of January 22, cumulative soybean sales stand at 80.5% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 77.1%. Sales of 184,000 metric tonnes are needed each week to reach the USDA forecast.

Net meal sales came in at 201,700 metric tonnes for the current marketing year and none for the next marketing year for a total of 201,700.

Cumulative soybean meal sales stand at 47.4% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 52.7%. Sales of 112,000 metric tonnes are needed each week to reach the USDA forecast.

Net oil sales came in at 21,500 metric tonnes for the current marketing year and none for the next marketing year for a total of 21,500.

Cumulative soybean oil sales stand at 32.5% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 61.0%. Sales of 15,000 metric tonnes are needed each week to reach the USDA forecast.

COTTON:

Net weekly export sales for cotton, came in at 107,200 running bales for the current marketing year and 6,600 for the next marketing year for a total of 113,800.

As of January 22, cumulative cotton sales stand at 76.9% of the USDA forecast for 2008/2009 (current) marketing year versus a 5 year average of 66.6%. Sales of 95,000 running bales are needed each week to reach the USDA forecast.

BEEF:

Weekly US beef export sales for the week ending January 22 came in at 7,800 metric tonnes making it 74,100 metric tonnes for the year. This compares to year ago weekly sales of 30,100 metric tonnes and 109,800 for the year. Before Mad Cow (2003) cumulative sales as of this week were 139,500 metric tonnes.