According to the US Department of Agriculture, for the period April 02-08, 2021 about soybean net sales of 90,400MT for 20/21 were down noticeably from the previous week and down 14% from the prior 4-week average. Increases primarily for Indonesia (75,900MT, including 68,000MT switch. from unkn. destin. and decreases of 300MT), SouthKorea (29,600MT, including 25,000MT switch. from unkn. destin.), Vietnam (25,600MT, including 21,200MT late), Mexico (15,700MT, including 16,400MT switch. from unkn. destinations and decreases of 2,800MT), and Japan (12,700MT, including 9,000MT switch. from unkn. destin.), were offset by reductions primarily for China (55,000MT) and unkn. destin. (45,000MT). For 21/22, net sales of 265,500MT were reported for China (264,000MT), unkn. destin. (1,000MT), and Canada (500MT). Exports of 413,100MT were up 20% from the previous week, but down 10% from the prior 4-week average. The destinations were primarily to Mexico (97,100MT, including 14,800MT late), China (91,600MT, including 77,000MT late), Indonesia (90,800 MT), Taiwan (38,000 MT), and South Korea (27,500 MT).
