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U.S. Soybean Weekly Exports Reported at 25,91,200 MT For Sep 18-24

1 Oct 2020 6:18 pm
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Mumbai (Commodities Control) - U.S. soybean net export sales during September 18-24 were registered at 2,591,200 MT for 2020/2021; primarily for China (1,328,700 MT, including 197,000 MT switched from unknown destinations and decreases of 8,100 MT), unknown destinations (630,300 MT), Mexico (198,700 MT, including decreases of 800 MT), Pakistan (132,000 MT), and Vietnam (78,900 MT, including decreases of 100 MT), were offset by reductions primarily for Japan (1,700 MT). Exports of 1,139,600 MT were primarily to China (893,900 MT), Mexico (66,600 MT), Spain (60,600 MT), Indonesia (27,400 MT), and Taiwan (20,800 MT).
Optional Origin Sales: For 2020/2021, new optional origin sales of 63,000 MT were for China. The current outstanding balance of 126,000 MT, all China.
Exports for Own Account: For 2020/2021, the current exports for own account outstanding balance is 7,300 MT, all Canada.
Soybean Cake and Meal: Net sales of 13,600 MT for 2019/2020 were down 53 percent from the previous week and 15 percent from the prior 4-week average. Increases primarily for Vietnam (7,000 MT), Burma (5,700 MT), Malaysia (2,000 MT), Canada (1,700 MT, including decreases of 800 MT), and Colombia (1,500 MT), were offset by reductions primarily for Mexico (4,900 MT), unknown destinations (800 MT), and the Philippines (200 MT).
For 2020/2021, net sales of 523,100 MT primarily for Colombia (110,600 MT), unknown destinations (100,800 MT), Spain (60,000 MT), Denmark (45,000 MT), and the Philippines (44,000 MT), were offset by reductions primarily for Burma (2,000 MT). Exports of 135,800 MT were down 2 percent from the previous week and 23 percent from the prior 4-week average. The destinations were to the Philippines (52,900 MT), Mexico (21,500 MT), Colombia (20,000 MT), Canada (19,500 MT), and Jamaica (6,400 MT).
Soybean Oil: Net sales of 6,300 MT for 2019/2020 were up 43 percent from the previous week and 87 percent from the prior 4-week average. Increases primarily for South Korea (8,600 MT, switched from China), the Dominican Republic (3,200 MT), Canada (1,900 MT), Mexico (1,100 MT), and Belgium (100 MT), were offset by reductions primarily for China (8,600 MT).
For 2020/2021, net sales of 600 MT were for South Korea (400 MT) and Venezuela (200 MT). Exports of 31,000 MT were up noticeably from the previous week and from the prior 4-week average. The destinations were primarily to South Korea (28,000 MT), Mexico (1,500 MT), Canada (1,400 MT), and Belgium (100 MT).


       
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