Wheat and Soybean Export Sales Rise

by | Feb 13, 2022 | Ag News, Indiana Agriculture News, News Feed

The USDA says export sales of wheat and soybeans rose while corn sales declined during the week ending on February 3.

Wheat sales that week totaled 84,800 metric tons, up 48 percent compared to the previous week. That number was still down 75 percent from the prior four-week average. The Philippines was the top buyer at 34,600 metric tons, while Mexico finished second at 33,100 tons. Weekly exports hit almost 381,000 tons, which was one percent lower than the prior week.

Soybean sales rose 46 percent to 1.6 million metric tons during the week, a gain of 81 percent from the previous four-week average. Unknown countries bought 804,000 metric tons and China purchased 298,000 tons. Weekly exports dropped one percent to 1.3 million tons.

Corn sales dropped to 589,000 metric tons, 50 percent lower than the previous week and 43 percent under the average. Mexico bought 370,000 metric tons and Japan purchased 347,500 tons.

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