NEW DELHI, Sept 22 (Commoditiescontrol) : US soybean net sales were at 446,400 metric tonnes (MT) for the week ended September 15 in the marketing year 2022/2023 starting September 1.
Net sales were primarily for Egypt (174,000 MT, including decreases of 9,000 MT), China (152,500 MT, including 55,000 MT switched from unknown destinations and decreases of 138,200 MT), Mexico (70,600 MT, including decreases of 400 MT), Indonesia (66,000 MT, including 55,000 MT switched from unknown destinations and decreases of 200 MT), and South Korea (54,000 MT switched from unknown destinations and decreases of 2,000 MT), were offset by reductions primarily for unknown destinations (184,700 MT) and Colombia (200 MT).
Exports of 522,500 MT were primarily to China (147,800 MT), Mexico (138,400 MT), Japan (100,000 MT), Indonesia (62,700 MT), and South Korea (52,000 MT).
Optional Origin: For 2022/2023, the current optional origin outstanding balance is 300 MT, all South Korea.
Export for Own Account: For 2022/2023, the current exports for own account outstanding balance is 6,300 MT, all Canada.
Soybean Cake and Meal
Net sales reductions of 22,600 MT for 2021/2022 resulting in increases primarily for Ecuador (30,100 MT, including 35,000 MT switched from unknown destinations and decreases of 4,900 MT), Mexico (21,000 MT, including decreases of 2,600 MT), the Philippines (8,300 MT), Canada (4,800 MT, including decreases of 500 MT), and Nicaragua (1,500 MT), were more than offset by reductions primarily for Guatemala (51,100 MT), unknown destinations (34,900 MT), Colombia (3,000 MT), the Dominican Republic (1,000 MT), and Japan (900 MT).
Net sales of 208,500 MT for 2022/2023 primarily for Colombia (99,900 MT), the Philippines (65,000 MT), Guatemala (51,100 MT), Mexico (28,300 MT), and Costa Rica (16,600 MT), were offset by reductions for Spain (75,000 MT).
Exports of 223,400 MT were primarily to the Philippines (95,200 MT), the Dominican Republic (31,000 MT), Mexico (30,600 MT), Ecuador (30,100 MT), and Canada (24,700 MT).
Soybean Oil
Net sales of reductions of 400 MT for 2021/2022 resulting in increases for Mexico (100 MT), were more than offset by reductions for Canada (500 MT).
Total net sales of 3,000 MT for 2022/2023 were for Canada. Exports of 13,500 MT were to Guatemala (12,000 MT), Honduras (800 MT), Canada (600 MT), and Mexico (100 MT).
(By Commoditiescontrol Bureau)
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