Wheat and Soybeans Exports Increase, Export Sales Plummet

WASHINGTON, DC – It was a disappointing week for U.S. commodity export sales, as USDA reported lower export sales for basically every major row-crop this past week. For the week ending October 21, 2021, actual exports were higher, week over week, for wheat and soybeans while it’s a marketing year low for cotton.

Wheat: Net sales of 269,000 metric tons, down 26 percent from the previous week primarily to Mexico , Ecuador, and Honduras.
Exports of 186,000 metric tons were up 16 percent from the previous week to Taiwan, Japan, and Mexico.

Corn: Net sales of 890,000 metric tons were down 30 percent from the previous week on purchases by Mexico, Japan, and Colombia.
Exports of 689,000 metric tons were down 34 percent from the previous week primarily to Mexico, Japan, and Colombia.

Sorghum: Total net sales of 133,000 metric tons were down 49 percent from the previous week, but up 54 percent from the prior 4-week average.
Exports were a disappointing 2,100 metric tons, down 95 percent from the previous week, all to Mexico.

Soybeans: Net sales of 1.2 million metric tons were down 59 percent from the previous weekend primarily for China, the Netherlands, and Mexico.
Exports of 2.4 million metric tons were up 9 percent from the previous week to China, Mexico, and the Netherlands.

Cotton: Net sales of 361,000 running bales were down 8 percent from the previous week primarily on purchase from China, Turkey, and India.
Exports of 63,000 running bales represents a marketing-year low on shipments to Pakistan, Vietnam, and Turkey.
(SOURCE: All Ag News)