Export sales of the US: Last call for old crop wheat
Soybean
Maize (Corn)
Wheat
United States
Published Jun 4, 2022
Tridge summary
Technically, wheat has entered the 2022/23 marketing year as of June 1. However, the latest USDA export sales report, covering the week through May 26, offered one of the final look at 2021/22 sales (which came in at a trickle). Soybean and corn sales were also disappointing in a largely lackluster set of data from the past week.
Original content
Old crop corn sales fell 52% below the prior four-week average, with 7.3 million bushels. New crop sales accounted for another 1.9 million bushels, bringing the total to 9.2 million bushels. That was on the very low end of trade estimates, which came in between 8.9 million and 27.6 million bushels. Cumulative totals for the 2021/22 marketing year remain moderately behind last year’s pace, with 1.823 billion bushels. Corn export shipments were much more robust but still faded 4% below the prior four-week average, with 62.2 million bushels. Mexico, Japan, China, Colombia and South Korea were the top five destinations. Sorghum export sales made it to 1.3 million bushels after increases to China and Eritrea more than offset reductions from unknown destinations. Cumulative totals for the 2021/22 marketing year are running slightly below last year’s pace, with 223.3 million bushels. Old crop soybean sales fell to a marketing-year low of 4.3 million bushels last week. New crop sales ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.