@kannbwx

Export inspections last week were solidly in line with expectations for #corn and #soybeans but above in #wheat.

 Some 341kt corn were inspected for #China, as were 3 wheat cargoes, 2 of #sorghum, and 1 of soybeans.

From Tuesday:

@kannbwx

Aug 24

USDA confirms the following U.S. export sales for delivery in 2021/22:132,000 tonnes of #soybeans to #China125,300 tonnes of #corn to #Mexico

@kannbwx

U.S. export sales were mostly as expected last week, though #wheat fell short. #China cancelled 135kt old-crop #corn (offset by other purchases), #Mexico bought 492kt new crop. China bought 935kt new-crop #soybeans, unknown bought 588kt.

@kannbwx

·

18h

USDA confirms the following U.S. export sales for delivery in 2021/22:100,000 tonnes of #corn to Colombia

133,000 tonnes of #soybeans to #China

132,150 tonnes of soybeans to unknown

@kannbwx

USA as of Aug. 19 had sold 19.3 mmt (759 mbu) of #corn for export in 2021/22, easily the most for the date in 15+ yrs (ever?). 

#China, who has been inactive on this front since May, plays a big part. Without China's purchases, the 8.5 mmt sold so far looks closer to average.