WASHINGTON – June 09, 2022

Per latest data from the US Department of Agriculture, wheat export sales for the period May 27-June 2, 2022 and delivery in 2022/23 season, which began June 1, were at 451,000 MT.

Sales were primarily for unknown destinations (117,600MT), Mexico (73,200MT, including decreases of 1,500MT), the Philippines (69,200MT, including decreases of 3,700MT), Switzerland (50,000MT) and Taiwan (40,000MT).

A total of 740,300 MT in sales were carried over from the 2021/22 marketing year, which ended May 31.

Exports for the period ending May 31, of 138,800 MT brought accumulated exports to 18,668,900 MT, down 25% from the prior year’s total of 24,806,600 MT.

The destinations were primarily to South Korea (50,700MT), Guatemala (25,100MT), Mexico (24,400MT), Costa Rica (13,200MT) and Nigeria (12,100MT).

Exports for June 1- 2 of 212,000 MT were primarily to Mexico (62,700MT), the Philippines (57,900MT), Japan (34,700MT), South Korea (32,900MT) and Italy (23,700 MT).

As for corn, net sales of 280,400 MT for 2021/22 were up 51% from the previous week and 19% from the prior 4-week average.

Increases primarily for Mexico (89,500MT, including decreases of 39,500MT), Japan (76,500MT, including 73,900MT switched from unknown destinations), Colombia (34,400MT, including 30,000MT switched from unknown destinations and decreases of 12,800MT), Venezuela (28,300MT, including 15,000MT switched from unknown destinations and decreases of 1,700MT) and Jamaica (27,900MT), were offset by reductions primarily for unknown destinations (41,300MT) and Guatemala (27,300MT).

Net sales of 73,500 MT for 2022/23 reported for unknown destinations (53,800MT), Mexico (20,000MT) and Jamaica (9,700MT), were offset by reductions for Japan (10,000MT).

Exports of 1,381,600 MT were down 13% from the previous week and 12% from the prior 4-week average.

The destinations were primarily to Mexico (344,900MT), China (266,600MT), Taiwan (144,400MT), Japan (118,700MT) and Colombia (84,700 MT).

As for soybeans, net sales of 429,900 MT for 2021/22 were up noticeably from the previous week and up 41% from the prior 4-week average.

Increases primarily for China (128,900MT, including decreases of 10,900MT), Egypt (117,500MT, including 52,000MT switched from unknown destinations), Germany (66,000MT), Pakistan (55,000 MT) and Mexico (29,200MT, including decreases of 7,000MT), were offset by reductions for unknown destinations (27,000MT) and South Korea (300MT).

Net sales of 595,300 MT for 2022/23 were primarily for Pakistan (297,000MT), China (261,000MT), Japan (12,300MT), Mexico (10,000MT) and unknown destinations (10,000MT).

Exports of 476,500 MT were up 17% from the previous week, but down 17% from the prior 4-week average.

The destinations were primarily to Mexico (190,200MT), Germany (66,000MT), Egypt (52,500MT), Japan (37,200MT) and Colombia (27,700MT).

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