NEW DELHI, Nov 17 (Commoditiescontrol) : US soybean net sales were at 3,030,100 metric tonnes (MT) for the week ended November 10 in the marketing year 2022/2023 starting September 1, up 281 percent from the previous week.
US soybean net sales were at 794,800 MT for the week ended November 3.
Net sales were primarily for China (1,542,400 MT, including 395,100 MT switched from unknown destinations and decreases of 15,900 MT), Mexico (455,500 MT, including 47,500 MT switched from unknown destinations and decreases of 1,200 MT), unknown destinations (397,600 MT), Germany (138,900 MT), and South Korea (108,800 MT, including 111,000 MT switched from unknown destinations and decreases of 4,500 MT), were offset by reductions for Venezuela (1,800 MT).
Exports of 2,081,800 MT were primarily to China (1,309,600 MT), Germany (138,900 MT), Mexico (115,300 MT), South Korea (109,200 MT), and Taiwan (95,600 MT).
Optional Origin Sales: For 2022/2023, the current outstanding balance of 300 MT, all South Korea.
Export for Own Account: For 2022/2023, new exports for own account totaling 24,900 MT were to Canada. The current exports for own account outstanding balance is 47,300 MT, all Canada.
Export Adjustments: Accumulated exports of soybeans to the Netherlands were adjusted down 69,573 MT for week ending October 27th and adjusted down 69,300 MT for week ending November 3rd. These shipments were reported in error.
Soybean Cake and Meal
Net sales of 267,100 MT for 2022/2023 primarily for the Philippines (88,100 MT), Vietnam (55,800 MT, including 48,000 MT switched from unknown destinations), Mexico (39,400 MT), Colombia (31,000 MT, including decreases of 400 MT), and the Dominican Republic (30,000 MT), were offset by reductions primarily for unknown destinations (48,000 MT).
Exports of 213,800 MT were primarily to Mexico (62,400 MT), Vietnam (52,800 MT), Colombia (43,600 MT), Venezuela (16,800 MT), and Canada (15,100 MT).
Soybean Oil
Net sales of 400 MT for 2022/2023 were reported for Canada (300 MT, including decreases of 100 MT) and Mexico (100 MT). Exports of 400 MT were to Canada.
(By Commoditiescontrol Bureau)
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