USDA estimates that corn sales to China in July will exceed seven million tons (276 million bushels).  In past years, July sales attained on average five million tons (197 million bushels).  On Thursday, July 30th, China placed orders for 1.9 million tons of corn following a previous large order on July 14th of 1.7 million tons.  Purchases of corn by China during the 2020-2021 market year attained 3.8 million metric tons as of July 23rd out of a total of 5.7 million tons (225 million bushels).  Japan normally purchases two million metric tons during the market year and Mexico purchases approximately three million metric tons.

The USDA estimates that China will import seven million metric tons of corn (276 million bushels) in the 2020-2021market year with the U.S. supplying a significant proportion.  This market is shared with the Ukraine that shipped 3.8 million metric tons (150 million bushels) to China in the 2018-2019 market year.

Through July 23rd the U.S. sold 7.6 million metric tons of soybeans (278 million bushels) to China with an order of 3.34 million tons of new-crop soybeans amounting to 3.34 million metric tons (123 million bushels).  China was designated as the purchaser for 59 percent of this quantity with undisclosed nations, (usually China) with an additional 37 percent of shipments or 96 percent of the total. 

During July, combined corn and soybeans sales by the US amounted to 15.4 million tons (560 million bushels).