@kannbwx

U.S. export inspections were in line with expectations last week.

 #China was the destination for 63% of the #soybeans, 31% of the #corn, and 39% of the #wheat.

 The YOY departures for corn/beans have increased in the last two weeks, but wheat has lost some ground

export sales.............taking a hit from high prices:

https://apps.fas.usda.gov/export-sales/highlite.htm

@kannbwx

Export sales of U.S. #soybeans hit a marketing year low last week, and #China canceled 5-6 cargoes. Japan was the top buyer of #corn and China bought a cargo of #wheat. #Sorghum sales were net negative as were those for #pork. China canceled 11.3kt of pork.

USA exported 11.1 mmt of #soybeans in Nov, bringing Q1 20/21 exports to a record 29.8 mmt (1.1 bbu).

#China was 70% (13-17 avg for period is 72%).

 #Corn exports in Nov were 3.8 mmt, and Q1 total is 11.3 mmt (445 mbu) - 30% to China. That is -29% Q1 18/19 and -19% Q1 16/17.

@kannbwx

USA shipped 1.28 mmt (51 mbu) of #corn to #China in November - an all-time monthly record. Sep-Nov (Q1 20/21) shipments to China total 3.4 mmt (133 mbu) - a record pace thus far.