The U.S. Department of Agriculture says export sales of soybeans plunged while grain sales rose higher week-to-week. An agency report says soybean sales in the seven days ending on March 11 totaled 202,400 metric tons, down 42 percent week-to-week and 31 percent from the prior four-week average. China bought the largest number of soybeans, only totaling 71,500 metric tons. Bangladesh was next at 57,100 tons, followed by Japan. Totals would have been higher, but an unknown country canceled cargoes totaling 123,200 metric tons. Exports came in at 534,100 tons, 24 percent lower than the prior week. Corn sales last week came in at 985,900 metric tons, with Mexico the largest buyer at 285,500 tons, followed by Colombia and South Korea. Exports reached a marketing-year high of 2.2 million metric tons. Wheat sales through March 11 reached 390,100 metric tons, 18 percent higher than the previous week and 40 percent from the average for this time of the year. China was the main buyer at 132,300 metric tons. Mexico and Taiwan rounded out the top three wheat buyers. Unknown destinations canceled shipments of 215,800 tons, while exports for the week came in at 662,300 tons.
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