A report says corn, soybean, and wheat export sales all rose week-to-week during the seven days ending on July 20.
USDA data says corn sales during the week rose 33 percent from the previous week to 314,000 metric tons, 15 percent higher than the previous four-week average. Mexico was the biggest buyer at 175,900 metric tons. For the next marketing year beginning on September 1, sales hit 335,800 metric tons.
Soybean sales were noticeably higher from the previous week and surged 73 percent higher than the previous four-week average. Sales totals for 2023-2024 totaled 544,6000 metric tons, with China as the biggest buyer at 275,000 metric tons, followed by Mexico’s 70,300 metric tons and Egypt at 63,000 metric tons.
Wheat export sales of 233,200 metric tons for the 2023-2024 marketing year were up 37 percent from the previous week. However, that total was down 17 percent from the prior four-week average.
-NAFB