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Soybean News - Soybean Weekly Export Sales: USDA
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Soybean Weekly Export Sales: USDA

Soybeans: Net sales of 281,900 MT for 2017/2018 were down 20 percent from the previous week and 48 percent from the prior 4-week average. Increases were reported for the Netherlands (127,900 MT, including 121,000 MT switched from unknown destinations and decreases of 2,300 MT), Egypt (97,400 MT, including 49,000 MT switched from unknown destinations and decreases of 2,600 MT), Mexico (85,600 MT), Indonesia (69,000 MT, including 25,000 MT switched from unknown destinations and decreases of 400 MT), and Japan (45,000 MT, including 30,200 MT switched from unknown destinations and decreases of 200 MT) during the week May 04 -10, 2018. Reductions were primarily for unknown destinations (224,500 MT). For 2018/2019, net sales of 224,700 MT were primarily reported for Pakistan (66,000 MT), Mexico (62,000 MT), and unknown destinations (60,000 MT).  Exports of 654,500 MT were up 39 percent from the previous week and 30 percent from the prior 4-week average. The destinations were primarily to China (129,500 MT), the Netherlands (127,900 MT), Egypt (112,400 MT), Mexico (78,500 MT), and Indonesia (44,900 MT). The current week’s net sales are lower compared to net sales of 354,300 MT during the previous week.

 

(Source: USDA)