According to the US Department of Agriculture, US weekly wheat export sales, for the period November 5-11, 2021, were at 399,100 metric tons (MT).
That was up 40% from the previous week and 21% from the prior 4-week average. Increases primarily for Nigeria (84,200 MT, including 27,500 MT switched from unknown destinations), Vietnam (66,000 MT), Japan (62,500 MT), the Philippines (61,500 MT), and Mexico (39,200 MT, including decreases of 5,300 MT), were offset by reductions primarily for unknown destinations (45,600 MT). Exports of 310,900 MT were up 15% from the previous week and 65% from the prior 4-week average. The destinations were primarily to Nigeria (130,500 MT), Venezuela (33,600 MT), Guatemala (31,900 MT), Japan (27,400 MT), and Mexico (22,300 MT).
As for corn, net sales of 904,600 MT for 2021/2022 were down 15% from the previous week and 19% from the prior 4-week average. Increases primarily for Canada (230,000 MT), Mexico (210,400 MT, including decreases of 6,300 MT), Japan (201,600 MT, including 110,800 MT switched from unknown destinations and decreases of 6,000 MT), Colombia (69,300 MT, including 50,900 MT switched from unknown destinations and decreases of 103,000 MT), and Guatemala (47,200 MT, including 18,700 MT switched from Nicaragua, 13,500 MT switched from CostaRica, 7,500 MT switched from Honduras, and decreases of 9,100 MT), were offset by reductions for Nicaragua (16,000 MT) and Costa Rica (12,600 MT). Total net sales of 140,000 MT for 2022/2023 were for Mexico. Exports of 1,167,700 MT–a marketing-year high–were up 63% from the previous week and 46% from the prior 4-week average. The destinations were primarily to Mexico (404,300 MT), Colombia (222,800 MT), Japan (154,200 MT), Canada (151,000 MT), and Guatemala (127,900 MT).
As for soybeans, net sales of 1,382,700 MT for 2021/2022 were up 13% from the previous week, but down 20% the prior 4-week average. Increases primarily for China (727,500 MT, including 394,000 MT switched from unknown destinations and decreases of 5,700 MT), the Netherlands (133,000 MT, including 126,000 MT switched from unknown destinations), Spain (113,700 MT, including 65,000 MT switched from unknown destinations),
Thailand (74,600 MT, including 66,000 MT switched from unknown destinations), and unknown destinations (60,100 MT), were offset by reductions for Bangladesh (2,900 MT). Total net sales reductions of 7,800 MT for 2022/2023 were for Cuba. Exports of 2,344,200 MT were down 36% from the previous week and 12% from the prior 4-week average. The destinations were primarily to China (1,657,200 MT), the Netherlands (133,000 MT), Mexico (123,200 MT), Thailand (76,000 MT), and Spain (71,700 MT).
