According to the US Department of Agriculture, for the period July 9-15, 2021 US soybean export sales of 62,000 MT for 2020/2021 were up noticeably from the previous week, but down 22% from the prior 4-week average. Increases primarily for Japan (85,300 MT, including 53,200 MT switched from unknown destinations and decreases of 4,400 MT), Mexico (13,100 MT, including decreases of 11,300 MT), Colombia (9,100 MT, including 8,500 MT switched from unknown destinations), Malaysia (5,600 MT), and #Taiwan (5,000 MT), were offset by reductions primarily for unknown destinations (58,200 MT). For 2021/2022, net sales of 176,300 MT were reported for unknown destinations (97,000 MT), Mexico (67,400 MT), China 6,000 MT), Taiwan (5,000 MT), and Vietnam (900 MT). Exports of 164,100 MT were down 17% from the previous week and 19% from the prior 4-week average. The destinations were primarily to Mexico (60,300 MT), Japan (57,300 MT), Indonesia (22,000 MT), Colombia (9,100 MT), and Vietnam (4,400 MT).

Comments are closed.