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3 Big Things Today, March 12, 2021

2. Weekly Export Sales Higher Across the Board, Still Not Great Export sales of grains and beans all rose week-to-week in the seven days that ended on March 4, according to the USDA. Corn sales to overseas buyers jumped to 395,500 metric tons from a marketing-year low of 115,900 tons a week earlier, the agency said in a report. The total was still down 48% from the prior four-week average. Taiwan was the big buyer at 135,200 metric tons, followed by South Korea at 127,600 tons and Mexico at 108,000 tons. Vietnam took 63,700 tons and Kuwait purchased 41,100 tons. Net sales would’ve been higher but an unnamed country canceled shipments for 180,900 tons.

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