According to the US Department of Agriculture, for the period April 30- May 6, 2021 about soybean net sales of 94,300 MT for 2020/2021 were down 43% from the previous week and 38% from the prior 4-week average. Increases primarily for Indonesia (60,300 MT, including 55,000 MT switched from unknown destinations and decreases of 400 MT), Mexico (24,500 MT, including decreases of 2,000 MT), Venezuela (18,000 MT), Japan (13,100 MT, including 10,200 MT switched from unknown destinations and decreases of 500 MT), and Colombia (12,500 MT), were offset by reductions primarily for unknown destinations (41,200 MT). For 2021/2022, net sales of 102,500 MT were for Mexico (98,000 MT) and Japan (4,500 MT). Exports of 285,200 MT were up 8% from the previous week, but down 8% from the prior 4-week average. The destinations were primarily to Mexico (101,800 MT, including 19,800 MT – late), Indonesia (71,600 MT), Japan (36,000 MT), Turkey (22,500 MT), and Ireland (10,600 MT).
