WASHINGTON, Feb. 6: Private exporters reported sales of 295,000 tons of U.S. soybeans to unknown destinations, with 252,000 for delivery in 2021/22 and 43,000 for delivery, the U.S. Department of Agriculture said Friday in its one-day export sales report. Tons are delivered in 2022/23.
Recently, the U.S. Department of Agriculture has successively released one-day soybean sales reports, reflecting the worsening prospects for soybean production in South America, prompting buyers such as China to speed up their purchases of soybeans from the United States.
So far on Friday, private U.S. exporters have sold 530,000 tonnes of soybeans to China and 930,000 tonnes to unknown destinations.
Private exporters reported on February 2 sales of 380,000 tonnes of soybeans to unknown destinations for delivery in 2021/22.
On February 1, private exporters reported sales of 132,000 tonnes of soybeans to China for delivery in 2022/23.
On January 31, private exporters reported sales of 129,000 tonnes of soybeans to China, with 66,000 tonnes for delivery in 2021/22 and 63,000 tonnes for delivery in 2022/23.
On Jan. 28, private exporters reported sales of 264,000 tonnes of soybeans to China for delivery in 2022/23, 141,514 tonnes to Mexico for delivery in 2021/22; sales of 251,500 tonnes of U.S. soybeans to unknown destination for 2021/22 Annual delivery.
The U.S. soybean year begins on September 1.
The USDA publishes a weekly report on export sales, in addition to a daily report on export sales. If the exporter has any single commodity sales activity of 100,000 tons or more in a single business day, or sales of 200,000 tons or more of the commodity in the reporting period, the next business day at 3:00 p.m. Prior to making a report to the USDA. If the volume is lower than the above requirements, report it on a weekly basis.