USDA announces the following sales of U.S. #soybeans for export in 2020/21:
▪️238,000 tonnes to #China
▪️132,000 tonnes to unknown
That is 370,000 tonnes total (13.6 mln bu).
10 of the last 11 trading days have contained one or more flash sales.
#Corn and #Soybean Conditions as of August 16 from this week's issue of Grain Insight.
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U.S. #corn export sales during July have been well above average. First half sales totaled 4.5 mmt (176 mbu). That is already 22% above the ten-year average for the entire month.
Trade expects 0.6-1.55 mmt of total sales in the week ended July 23 (report due Thursday morning).