US corn and soybean sales to foreign buyers fell week-on-week, while wheat sales improved, according to data from the US Department of Agriculture (USDA). Corn sales for the seven days ended Jan. 5 fell 20% to 255,700 metric tons and were down 62% from the previous four-week average, the agency said in a report.
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Mexico was the main buyer with 223.5 thousand tons, followed by China with 138.6 thousand tons and Canada with 33.4 thousand tons. Nicaragua bought 6.1 thousand tons and Taiwan, 5.2 thousand tons. The total would have been higher, but an unnamed country canceled shipments of 110,600 metric tons and Honduras canceled shipments of 42,500 tons, the USDA said. Corn exports for the week fell 49% to 387,100 tonnes swt. Soybean sales fell 1% to 717,400 metric tons, marking a 41% drop from the previous four-week average, the government said. China took 676,600 mt, Germany bought 142,600 mt, Mexico bought 100,400 mt, Bangladesh bought 57,200 mt and Spain bought 46,900 mt of US supplies. An unknown destination canceled cargoes of 348,800 metric tons, the agency said. Soybean exports totaled 1.62 million tonnes, up 10% from the previous week. Wheat was the exception, as sales almost doubled to 90,800 tonnes but were down 73% from the average, the USDA said. China bought 66,000 tonnes, ...
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