NEW DELHI, Apr 13 : US soybean net sales were at 364,500 metric tonnes (MT) for the week ended April 6 in the marketing year 2022/2023 starting September 1, up noticeably from the previous week and up 17 percent from the prior 4-week average.
US soybean net sales were at 155,300 MT for the week ended March 30.
Net sales were primarily for the Netherlands (150,100 MT, including 145,000 MT switched from unknown destinations), unknown destinations (122,500 MT), Japan (32,300 MT, including 28,900 MT switched from unknown destinations), Spain (21,200 MT, including decreases of 300 MT and 21,500 MT - late), and Indonesia (19,100 MT), were offset by reductions for Mexico (1,700 MT).
Total net sales of 66,000 MT for 2023/2024 were for China. Exports of 684,000 MT were up 22 percent from the previous week, but down 9 percent from the prior 4-week average. The destinations were primarily to China (365,600 MT), the Netherlands (150,100 MT), Mexico (75,700 MT), Japan (35,200 MT), and Spain (21,200 MT - late).
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).
Late Reporting: For 2022/2023, net sales totaling 21,500 MT of soybeans were reported late for Spain. Exports of 21,157 MT were late to Spain.
Soybean Cake and Meal
Net sales of 255,200 MT for 2022/2023 were up 4 percent from the previous week and 6 percent from the prior 4-week average.
Increases primarily for the Philippines (95,300 MT, including decreases of 100 MT), Vietnam (52,000 MT), Mexico (21,500 MT, including decreases of 100 MT), Costa Rica (17,400 MT, including decreases of 7,200 MT), and Nicaragua (13,200 MT, including decreases of 100 MT), were offset by reductions for Belgium (2,500 MT), Ecuador (2,000 MT), and Japan (500 MT).
Total net sales of 37,500 MT for 2023/2024 were for Indonesia. Exports of 198,500 MT were down 45 percent from the previous week and 34 percent from the prior 4-week average. The destinations were primarily to the Philippines (52,300 MT), Colombia (45,700 MT, including 200 MT - late), Honduras (26,400 MT), Canada (22,200 MT), and Mexico (21,200 MT).
Late Reporting: For 2022/2023, exports of 200 MT were late to Colombia.
Soybean Oil
Total net sales reductions of 400 MT for 2022/2023 were down noticeably from the previous week and from the prior 4-week average.
Decreases were for Canada. Exports of 1,700 MT were up 79 percent from the previous week and up noticeably from the prior 4-week average. The destinations were to Mexico (1,400 MT) and Canada (300 MT).
0 Comments 
Post Comment 
