NEW DELHI, Apr 20 : US soybean net sales were at 100,100 metric tonnes (MT) for the week ended April 13 in the marketing year 2022/2023 starting September 1, down 73 percent from the previous week and 58 percent from the prior 4-week average.
US soybean net sales were at 364,500 MT for the week ended April 6.
Net sales were primarily for the Netherlands (128,300 MT, including 126,000 MT switched from unknown destinations and decreases of 1,300 MT), Mexico (45,900 MT, including decreases of 200 MT), China (35,100 MT, including decreases of 200 MT), Indonesia (28,400 MT, including decreases of 1,000 MT), and Japan (25,200 MT, including 9,000 MT switched from unknown destinations), were offset by reductions for unknown destinations (197,000 MT).
Net sales of 2,900 MT for 2023/2024 were reported for Taiwan (2,000 MT) and Japan (900 MT). Exports of 582,800 MT were down 15 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to China (296,700 MT), the Netherlands (128,300 MT), Mexico (74,700 MT), Canada (28,100 MT), and Indonesia (21,800 MT).
Optional Origin Sales: For 2022/2023, the current outstanding balance of 300 MT, all South Korea.
Export for Own Account: For 2022/2023, the current exports for own account outstanding balance of 1,600 MT are for Canada (1,400 MT) and Taiwan (200 MT).
Soybean Cake and Meal
Net sales of 144,500 MT for 2022/2023 were down 43 percent from the previous week and 42 percent from the prior 4-week average.
Increases primarily for the Philippines (46,200 MT), Tunisia (30,000 MT), Canada (20,100 MT, including decreases of 11,400 MT), Venezuela (18,000 MT), and Spain (10,500 MT switched from Poland), were offset by reductions for Poland (6,000 MT), Burma (1,400 MT), and Japan (800 MT).
Exports of 239,600 MT were up 21 percent from the previous week, but down 11 percent from the prior 4-week average. The destinations were primarily to the Philippines (51,500 MT), Poland (39,000 MT), Mexico (31,700 MT), Colombia (27,500 MT), and Guatemala (25,300 MT).
Soybean Oil
Net sales of 200 MT for 2022/2023 were down noticeably from the previous week and down 98 percent from the prior 4-week average.
Increases were reported for Canada (100 MT, including decreases of 100 MT) and Mexico (100 MT).
Exports of 600 MT were down 65 percent from the previous week and 29 percent from the prior 4-week average. The destinations were to Canada (500 MT) and Mexico (100 MT).
(By Commoditiescontrol Bureau)
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