【USDA Report】Weekly U.S. Soybean Export Sales Report

Washington, July 8 news; U.S. 2021/22 net sales of soybeans fell by 160,000 tons in the week ended June 30, 2022, a new annual low, and were 33% higher than last week’s negative sales and well below the four-week average. Major buyers include the Netherlands (68,800 tons, of which 63,000 tons were transferred to unknown destinations, and sales decreased by 200 tons), Germany (68,500 tons), Egypt (61,700 tons, of which 52,000 tons were transferred to unknown destinations, and sales decreased by 200 tons) 2,900 tons), Mexico (48,900 tons, of which 47,500 tons were transferred to unknown destinations, and sales decreased by 1,700 tons), and Colombia sales decreased by 17,100 tons, of which 18,000 tons were transferred from unknown destinations, and sales decreased by 2,600 tons ), but to unknown destinations (405,800 tonnes) and China (59,200 tonnes). Net sales in 2022/23 were 240,100 t, with major buyers including unknown destinations (115,500 t), Mexico (101,000 t), and Colombia (17,500 t).

Exports for the week were 504,900 tonnes, 3% lower than last week and 5% lower than the four-week average. Major destinations include Mexico (125,300 tons), China (74,200 tons), the Netherlands (68,800 tons), Germany (68,500 tons), and Egypt (51,700 tons).