Corn exports saw 34.9 million bushels in old crop sales plus 33.2 million bushels in new crop sales for a total of 68.1 million bushels. Old crop sales trended 5% below the prior four-week average. Analysts were generally expecting a larger haul, with estimates ranging between 62.5 million and 104.7 million bushels. Cumulative totals for the 2021/22 marketing year are still moderately below last year’s pace, with 1.501 billion bushels. Corn export shipments were up 31% from a week ago and steady with the prior four-week average, with 61.5 million bushels. Japan was the No. 1 destination, with 15.2 million bushels. Mexico, China, Colombia and South Korea rounded out the top five. Sorghum sales were noticeably below the prior four-week average, with just 492,000 bushels. That grain is bound for China, Mexico and South Korea. Cumulative totals for the 2021/22 marketing year are slightly below last year’s pace, with 183.8 million bushels. Soybean exports found 17.7 million bushels in ...
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