NEW DELHI, Apr 27 (Commoditiescontrol) : US soybean net sales were at 311,300 metric tonnes (MT) for the week ended April 20 in the marketing year 2022/2023 starting September 1, up noticeably from the previous week and up 38 percent from the prior 4-week average.
US soybean net sales were at 100,100 MT for the week ended April 13.
Net sales were primarily for Mexico (76,200 MT, including decreases of 400 MT), Japan (75,300 MT, including 55,700 MT switched from unknown destinations and decreases of 500 MT), Germany (65,200 MT), unknown destinations (43,300 MT), and Colombia (15,900 MT, including 10,000 MT switched from unknown destinations and decreases of 8,500 MT), were offset by reductions for Canada (700 MT).
Exports of 453,700 MT were down 22 percent from the previous week and 35 percent from the prior 4-week average. The destinations were primarily to China (140,600 MT), Germany (65,200 MT), Japan (62,000 MT), Mexico (53,000 MT), and Indonesia (41,400 MT).
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).
Export Adjustments: Accumulated exports of soybeans to the Netherlands were adjusted down 65,192 MT for week ending April 6th. The correct destination for this shipment is Germany.
Soybean Cake and Meal
Net sales of 153,400 MT for 2022/2023 were up 6 percent from the previous week, but down 40 percent from the prior 4-week average.
Increases primarily for Colombia (40,100 MT), Venezuela (30,000 MT), the Dominican Republic (28,600 MT), the United Kingdom (15,000 MT), and Jamaica (10,700 MT), were offset by reductions for Guatemala (11,600 MT), Canada (4,200 MT), El Salvador (1,100 MT), Belgium (700 MT), and Japan (100 MT).
Exports of 251,000 MT were up 5 percent from the previous week, but down 4 percent from the prior 4-week average. The destinations were primarily to the Philippines (51,000 MT), Mexico (41,500 MT), Ireland (30,900 MT), Morocco (29,700 MT), and Colombia (27,600 MT).
Soybean Oil
Total net sales of 100 MT for 2022/2023 were down 34 percent from the previous week and 98 percent from the prior 4-week average.
Increases were for Canada. Exports of 500 MT were down 10 percent from the previous week and 40 percent from the prior 4-week average. The primary destination was to Canada (400 MT).
(By Commoditiescontrol Bureau)
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