According to the USDA, for May 7- May 13, 2021 about corn, net sales of 277,600 MT for 2020/2021 were down noticeably from the previous week, but up 19% from the prior 4-week average. Increases primarily for Mexico (294,100MT, including 24,000MT switched from unknown destinations and decreases of 12,600MT), Japan (65,300 MT, including 7,400 MT switched from unknown destinations and decreases of 4,600 MT), SouthKorea (64,600 MT, including 68,000 MT switched from unknown destinations and decreases of 3,400 MT), Venezuela (41,500MT, including 16,500MT switched from unknown destinations), and Panama (21,300MT), were offset by reductions primarily for unknown destinations (195,300 MT). For 2021/2022, net sales of 4,061,800 MT primarily for China (3,740,000 MT) and Mexico (199,800MT), were offset by reductions for Nicaragua (31,200MT). Exports of 2,239,900 MT–a marketing-year high– were up 45% from the previous week and 23% from the prior 4-week average. The destinations were primarily to China (1,009,700 MT), Mexico (467,100MT), Japan (310,900MT), Colombia (113,000 MT), and Israel (111,200MT).
