——Total sales to China decreased by 31.3% year-on-year

Washington, December 2 news: The weekly export sales report of the United States Department of Agriculture shows that the total soybean export sales of the United States to China (Mainland) decreased by 31.3% year-on-year, and the previous week was a year-on-year decrease of 32.4%.

As of November 25, 2021, the soybean export shipments from the United States to China (Mainland China) for the 2021/22 fiscal year (starting on September 1) were 14.12 million tons, compared with 19.73 million tons in the same period last year.

That week the United States shipped 1.41 million tons of soybeans to China, and the previous week it also shipped 1.41 million tons of soybeans to China.

So far, the number of soybeans sold by the United States to China but not shipped is 6.27 million tons, down from 9.94 million tons in the same period last year.

So far in the year of 2021/22, the total sales of soybeans from the United States to China (sales that have been shipped and not yet shipped) are 20.39 million tons, a year-on-year decrease of 31.3%. Last week, it was a year-on-year decrease of 32.4%, and two weeks ago, a year-on-year decrease of 34.1. %.

The US Department of Agriculture’s November 2021 supply and demand report predicts that China’s soybean imports for 2021/22 are expected to be 100 million tons, which is lower than the October forecast of 101 million tons and an increase of 0.24% from the previous year’s 99.76 million tons.

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