NEW DELHI, April 11: US soybean net sales were at 305,300 MT for the week ended March 28 in the marketing year 2023/2024 starting September 1, up 57 percent from the previous week, but down 3 percent from the prior 4-week average.
US soybean net sales were at 194,200 MT for the week ended March 28.
Increases were primarily for Mexico (172,600 MT, including decreases of 200 MT), Egypt (85,200 MT, including 81,300 MT switched from unknown destinations), China (69,300 MT, including 68,000 MT switched from unknown destinations and decreases of 2,900 MT), Japan (25,000 MT, including 18,000 MT switched from unknown destinations and decreases of 100 MT), and Indonesia (15,200 MT, including decreases of 500 MT), were offset by reductions primarily for unknown destinations (117,200 MT).
Exports of 503,400 MT were down 8 percent from the previous week and 33 percent from the prior 4-week average.
The destinations were primarily to China (228,600 MT), Egypt (85,200 MT), Mexico (65,000 MT), Japan (54,300 MT), and Indonesia (21,900 MT).
Exports for Own Account: For 2023/2024, the current exports for own account outstanding balance of 3,300 MT are for Canada (1,400 MT), Taiwan (900 MT), Bangladesh (500 MT), and Malaysia (500 MT).
Soybean Cake and Meal
Net sales of 187,900 MT for 2023/2024 were down 7 percent from the previous week and 4 percent from the prior 4-week average.
Increases primarily for Tunisia (30,000 MT), Costa Rica (26,600 MT, including 9,300 MT switched from Nicaragua), Canada (20,900 MT, including decreases of 800 MT), unknown destinations (16,300 MT), and the Philippines (15,600 MT), were offset by reductions for Portugal (8,000 MT), Honduras (6,500 MT), Jamaica (3,700 MT), South Korea (800 MT), and Belgium (800 MT).
Net sales of 53,400 MT for 2024/2025 reported for unknown destinations (60,000 MT), were offset by reductions for Canada (6,600 MT).
Exports of 280,500 MT were unchanged from the previous week, but down 11 percent from the prior 4-week average. The destinations were primarily to Vietnam (56,500 MT), Mexico (50,800 MT), Ecuador (33,000 MT), Guatemala (25,200 MT), and Canada (21,200 MT).
Soybean Oil
Net sales of 4,300 MT for 2023/2024 were up 39 percent from the previous week, but down 22 percent from the prior 4-week average.
Increases reported for Mexico (4,700 MT) were offset by reductions for Canada (400 MT).
Exports of 1,100 MT were down 92 percent from the previous week and 88 percent from the prior 4-week average. The destination was primarily to Mexico (700 MT).
0 Comments 
Post Comment 
