Big Week for U.S. Corn and Sorghum Exports

WASHINGTON, DC – Exports for the week ending March 11, 2021, eclipsed marketing year highs for corn and sorghum while sales increased for all major commodities except soybeans.
• Net wheat sales were up 18 percent from the previous week (390,100 metric tons) primarily for China, Mexico, and Taiwan. Exports increased 41 percent (662,300 MT) with shipments to the Philippines, South Korea, and Mexico.
• Corn sales improved dramatically from the previous week (985,900 MT) on increases for China, Mexico, and Colombia. Exports hit a marketing-year high (2,199,400 MT) with major destinations including Japan, Mexico, and China.
• Some U.S. sorghum sales to China were offset by reductions from unknown destinations (267,200 MT) but all the exports, 353,200 MT, were headed to China, representing another marketing-year high.
• Soybean sales fell 42 percent from the previous week (202,400 MT) primarily to China, Mexico, and Bangladesh. Exports were also lower, down 24 percent (534,100 MT) primarily to Indonesia, Egypt, and China.
• Weekly cotton sales were impressive (437,700 RB) on purchases from Vietnam, China, and Pakistan while exports to China, Vietnam, and Pakistan were unchanged from the previous week (351,900 RB).
• Beef sales increased 24 percent (25,900 MT) primarily for Japan, South Korea, and China while exports to Japan, South Korea, and China (17,800 MT) were unchanged from the previous week.
• Pork sales were 23 percent higher (39,700 MT) on increases for Mexico, China, and Japan. Exports were up 3 percent (40,600 MT) from the previous week with shipments heading to China, Mexico, and Japan.
(SOURCE: All Ag News)