Large Number of US Grain Sales to China Continue

Recent days have continued to see the United States report new grain  sales to China.  26 of the last 31 business days (including all five days last week) have seen grain sales to China reported.  This is an extremely impressive feat and we are unaware of any other period where this has occurred.  China remains the primary buyer of US soybeans and corn.  The United States has sold 30.1 million tons of soybeans that will be shipped globally in 2020/21.  15.9 million tons of these sales will be shipped to China. The United States has sold 19.3 million tons of corn that will be shipped globally in 2020/21.  9 million tons of these sales will be shipped to buyers in China.