According to the US Department of Agriculture, for the period Feb. 26- March 04, 2021 about corn net sales of 395,500MT for 20/21 were up noticeably from the previous week, but down 48% from the prior 4-week average. Increases primarily for Taiwan (135,200MT, including 56,000MT switched from Japan and 65,000MT late), SouthKorea (127,600MT, including 68,000MT switched from unknown destinations and decreases of 6,400MT), Mexico (108,000MT), Vietnam (63,700MT, including 66,000MT switched from unknown destinations and decreases of 2,300MT), and Kuwait (41,100MT, switched from unknown destinations), were offset by reductions primarily for unknown destinations (180,900MT). For 21/22, net sales of 287,300MT were reported for Japan (175,200MT) and Mexico (112,100MT). Exports of 1,592,900 MT were down 21% from the previous week, but up 4% from the prior 4-week average. The destinations were primarily to China (348,400MT), Japan (276,300 MT), Mexico (202,100 MT), Egypt (140,800MT), and South Korea (127,900MT).
