Export Sales Improve for Corn, Soybeans, and Cotton

WASHINGTON, DC – USDA released their latest Weekly Export Sales report for the week ending October 14, 2021. Exports for the week were generally lower except for corn, soybeans, cotton, and meats.

Wheat: Net sales of 362-thousand metric tons, down 36 percent from the previous week with increases for Nigeria, Japan, and Colombia. Exports of 160-thousand were down 65 percent from the previous week to the destinations of Mexico, Venezuela, and Colombia.

Corn: Net sales of 1.3 million metric tons were up 22 percent from the previous week on purchases by Mexico, Japan, and Colombia. Exports of over a million metric tons were up 14 percent from the previous week primarily to Mexico, Japan, and China.

Sorghum: Net sales of 262-thousand metric tons were up noticeably from the previous week primarily for China, unknown destinations, and Eritrea. Exports of 38-thousand metric tons were down 39 percent from the previous week with the destinations primarily Eritrea and China.

Soybeans: Net sales of 2.9 million metric tons were up noticeably from the previous week on purchases from China, the Netherlands, and Egypt. Exports of 2.2 million metric tons were up 29 percent destined for China, the Netherlands, and Mexico.

Cotton: Net sales of 392-thousand running bales were up noticeably from the previous week on sales to China, Turkey, and Vietnam. Net new crop sales of 64-thousand were primarily for China and Turkey. Exports of 117-thousand running bales were up 23 percent from the previous week primarily to China, Mexico, and Turkey.

Beef: Net sales of 78-hundred metric tons represents a marketing-year low (down 50 percent from the previous week) on purchases by Japan, China, and South Korea. Exports of 17-thousand metric tons were up 10 percent from the previous week through the destinations were primarily South Korea, Japan, and China.

Pork: Net sales of 21,000 metric tons, down 38 percent from the previous week on sales to Mexico, South Korea, and Japan. Exports of 33-thousand metric tons were up 11 percent from the previous week to Mexico, Japan, and China.
(SOURCE: All Ag News)

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