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US soybean net export sales for Sept 16-22 up 125% W/W at 1,003,000 MT

29 Sep 2022 6:47 pm
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NEW DELHI, Sept 29 (Commoditiescontrol) : US soybean net sales were at 1,003,000 metric tonnes (MT) for the week ended September 22 in the marketing year 2022/2023 starting September 1, up 125 percent from the previous week.

US soybean net sales were at 446,400 MT for the week ended September 15.

Net sales were primarily for China (548,700 MT, including 132,000 MT switched from unknown destinations and decreases of 32,000 MT), Mexico (217,000 MT, including 47,500 MT switched from unknown destinations and decreases of 34,700 MT), Japan (81,600 MT, including 50,400 MT switched from unknown destinations and decreases of 1,900 MT), Egypt (78,000 MT, including decreases of 30,000 MT), and Tunisia (30,000 MT), were offset by reductions for unknown destinations (23,700 MT) and Cuba (4,000 MT).

Total net sales reductions of 30,000 MT for 2023/2024 were for Tunisia. Exports of 269,200 MT were primarily to Japan (85,800 MT), China (78,700 MT), Mexico (61,100 MT), Taiwan (20,600 MT), and Costa Rica (7,900 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 of 86,300 MT for 2021/2022 primarily for Vietnam (48,300 MT), Ireland (30,000 MT), Colombia (6,900 MT, including decreases of 13,400 MT), Kuwait (6,000 MT), and Canada (6,000 MT, including decreases of 200 MT), were offset by reductions primarily for Costa Rica (7,200 MT), unknown destinations (7,100 MT), Guatemala (2,600 MT), Belgium (1,900 MT), and Japan (600 MT).

Net sales of 150,200 MT for 2022/2023 primarily for the Philippines (90,000 MT), Mexico (26,300 MT), Panama (26,300 MT), Honduras (23,400 MT), and Canada (12,700 MT), were offset by reductions for Ireland (30,000 MT) and Colombia (4,100 MT).

Exports of 249,700 MT were primarily to Colombia (73,300 MT), Vietnam (42,600 MT), Honduras (27,500 MT), Canada (23,000 MT), and the Philippines (21,900 MT).

Soybean Oil

Net sales of reductions of 5,000 MT for 2021/2022 resulting in increases for Canada (1,400 MT), were more than offset by reductions for unknown destinations (6,500 MT).

Total net sales of 700 MT for 2022/2023 were for Canada. Exports of 2,000 MT were to Canada (1,900 MT) and Mexico (100 MT).

(By Commoditiescontrol Bureau)


       
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