According to the US Department of Agriculture, for the period May 14- May 20, 2021 about #soybean net sales of 55,900 MT for 2020/2021 were down 34% from the previous week and 65% from the prior 4-week average. Increases primarily for #Indonesia (74,900 MT, including 55,000 MT switched from unknown destinations and decreases of 300 MT), Egypt (52,000 MT, switched from unknown destinations), Mexico (34,800 MT, including decreases of 200 MT), Japan (13,700 MT, including decreases of 3,500 MT), and Vietnam (13,600 MT), were offset by reductions primarily for unknown destinations (168,100 MT). For 2021/2022, net sales of 248,300 MT were primarily for Mexico (162,500 MT) and unknown destinations (45,000 MT). Exports of 294,600 MT were down 12% from the previous week and 4% from the prior 4-week average. The destinations were primarily to Indonesia (84,800 MT), Mexico (72,700 MT), Egypt (52,000 MT), Japan (32,900 MT), and #Taiwan (13,200 MT)
