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US soybean net export sales for Sept 23-29 down 22.5% W/W at 777,100 MT

6 Oct 2022 6:19 pm
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NEW DELHI, Oct 6 (Commoditiescontrol) : US soybean net sales were at 777,100 metric tonnes (MT) for the week ended September 29 in the marketing year 2022/2023 starting September 1, down 22.52 percent from the previous week.

US soybean net sales were at 1,003,000 MT for the week ended September 22.

Net sales were primarily for Mexico (233,400 MT), China (157,100 MT, including decreases of 5,400 MT), the Netherlands (150,100 MT, including 138,000 MT switched from unknown destinations), Taiwan (57,800 MT, including 50,000 MT switched from unknown destinations and decreases of 800 MT), and Spain (57,200 MT, including 57,000 MT switched from China), were offset by reductions for Japan (5,500 MT) and Colombia (1,300 MT).

Exports of 617,500 MT were primarily to the Netherlands (150,100 MT), Mexico (69,400 MT), China (65,500 MT), Taiwan (57,300 MT), and Spain (57,200 MT).

Optional Origin Sales: For 2021/2022, 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 is 6,300 MT, all Canada.

Soybean Cake and Meal

Net sales reductions of 19,500 MT for 2021/2022 primarily for Canada (15,700 MT), Mexico (7,100 MT), Nicaragua (2,500 MT), Sri Lanka (1,700 MT, including decreases of 400 MT), and Japan (1,600 MT), were more than offset by reductions for Vietnam (48,000 MT), Venezuela (4,200 MT), and unknown destinations (2,800 MT).

Net sales of 139,900 MT for 2022/2023 primarily for Vietnam (48,000 MT), Canada (35,300 MT), Colombia (26,000 MT), Mexico (25,600 MT), and the Dominican Republic (5,000 MT), were offset by reductions for Nicaragua (1,400 MT).

Exports of 166,100 MT were primarily to Guatemala (43,800 MT), Colombia (41,200 MT), Mexico (24,900 MT), Canada (21,500 MT), and El Salvador (12,700 MT).

Soybean Oil

Total net sales of 900 MT for 2021/2022 were for Canada. Total net sales of 100 MT for 2022/2023 were for Canada. Exports of 1,000 MT were to Canada.

(By Commoditiescontrol Bureau)

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