Mumbai (Commodities Control) –The exports of soybean from the U.S. were at148,300 MT for the marketing season 2020-21 in the week ended on June 10, 2021, down 47 percent from the previous week and 48 percent from the prior 4-week average.
The destinations were primarily to Japan (40,500 MT), Mexico (32,700 MT), Venezuela (17,700 MT), Indonesia (16,500 MT), and Colombia (12,500 MT), said USDA’s weekly data.
The exports of soyoil were 8,000 MT last week, down 57 percent from the previous week and 26 percent from the prior 4-week average, said the data. The destinations were primarily to Guatemala (6,700 MT) and Canada (1,200 MT).
Soybeans: Net sales of 65,300 MT for 2020/2021 were up noticeably from the previous week and up 51 percent from the prior 4-week average.
Increases primarily for Japan (15,500 MT, including 11,000 MT switched from unknown destinations), Colombia (15,000 MT, including 10,000 MT switched from unknown destinations), Indonesia (12,300 MT, including decreases of 1,500 MT), Saudi Arabia (9,500 MT), and Canada (9,400 MT), were offset by reductions for unknown destinations (10,000 MT). For 2021/2022, net sales of 6,500 MT resulting in increases for unknown destinations (29,500 MT) and Taiwan (20,000 MT), were offset by reductions for China (43,000 MT).
Exports of 148,300 MT--a marketing-year low--were down 47 percent from the previous week and 48 percent from the prior 4-week average.
The destinations were primarily to Japan (40,500 MT), Mexico (32,700 MT), Venezuela (17,700 MT), Indonesia (16,500 MT), and Colombia (12,500 MT).
Exports for Own Account: For 2020/2021, the current exports for own account outstanding balance is 5,800 MT, all Canada.
Soybean Cake and Meal: Net sales of 177,300 MT for 2020/2021 were up 30 percent from the previous week, but down 4 percent from the prior 4-week average. Increases primarily for Vietnam (50,000 MT), Ireland (40,000 MT), Canada (28,400 MT, including decreases of 1,900 MT), Colombia (16,000 MT), and Mexico (9,500 MT, including decreases of 4,700 MT), were offset by reductions primarily for Honduras (3,000 MT) and Belgium (2,800 MT). For 2021/2022, net sales of 7,800 MT were for Jamaica (6,500 MT), Mexico (1,000 MT), and Canada (300 MT).
Exports of 199,000 MT were up 6 percent from the previous week and 5 percent from the prior 4-week average.
The destinations were primarily to the Philippines (68,800 MT), the Dominican Republic (31,300 MT), Canada (26,300 MT), Mexico (21,100 MT), and Cote D’Ivoire (16,500 MT).
Soybean Oil: Net sales of 2,200 MT for 2020/2021 were down 31 percent from the previous week, but up noticeably from the prior 4-week average.
Increases reported for Mexico (1,900 MT) and Canada (700 MT, including decreases of 300 MT), were offset by reductions for Guatemala (400 MT).
Exports of 8,000 MT were down 57 percent from the previous week and 26 percent from the prior 4-week average.
The destinations were primarily to Guatemala (6,700 MT) and Canada (1,200 MT).
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