According to the US Department of Agriculture, US weekly wheat export sales, for the period Dec. 10-16 were at
425,400 metric tons (MT), down 35% from the previous week, but up 11% from the prior 4-week average. Increases primarily for Japan (130,500 MT), the Philippines (105,500 MT), Mexico (35,000 MT, including decreases of 11,600 MT), SouthKorea (35,000 MT), and unknown destinations (31,700 MT), were offset by reductions for Italy (500 MT). Total net sales of 33,000 MT for 22/23 were for unknown destinations. Exports of 190,400 MT were down 31% from the previous week and 28% from the prior 4-week average. The destinations were primarily to Mexico (68,800 MT), South Korea (55,000 MT), Nigeria (21,100 MT), Italy (19,500 MT), and the DominicanRepublic (12,100 MT).
As for corn, net sales of 982,900 MT for 21/22 were down 50% from the previous week and 29% from the prior 4-week average. Increases primarily for Japan (345,700 MT, including 126,000 MT switched from unknown destinations and decreases of 1,600 MT), Mexico (258,000 MT, including decreases of 3,300 MT), Canada (216,700 MT, including decreases of 1,300 MT), Colombia (99,600 MT, including 23,700 MT switched from unknown destinations and decreases of 22,300 MT), and Jamaica (23,200 MT, including decreases of 9,000 MT), were offset by reductions for unknown destinations (14,100 MT). Net sales of 132,500 MT for 22/23 reported for Japan (76,700 MT) and Mexico (60,000 MT), were offset by reductions for CostaRica (4,200 MT). Exports of 1,101,400 MT were up 1% from the previous week and 14% from the prior 4-week average. The destinations were primarily to Mexico (349,900 MT), China (208,800 MT), Japan (207,400 MT), Canada (97,900 MT), and South Korea (68,300 MT).
As for soybeans, net sales of 811,500 MT for 2021/2022–a marketing-year low–were down 38% from the previous week and 42% from the prior 4-week average. Increases primarily for China (730,400 MT, including 330,000 MT switched from unknown destinations and decreases of 3,300 MT), Mexico (95,100 MT, including 47,500 MT switched from unknown destinations, decreases of 1,600 MT, and 32,700 MT – late), Egypt (94,000 MT), Indonesia (85,000 MT, including 55,000 MT switched from unknown destinations and decreases of 100 MT), and SaudiArabia (71,100 MT, including 66,000 MT switched from unknown destinations), were offset by reductions primarily for unknown destinations (571,800 MT). Total net sales of 1,000 MT for 22/23 were for Japan. Exports of 1,854,700 MT were down 3% from the previous week and 17% from the prior 4-week average. The destinations were primarily to China (1,050,600 MT), Egypt (122,000 MT), Mexico (112,700 MT), Saudi Arabia (71,100 MT), and Turkey (69,300 MT).
