——Total sales to China increased by 11.2% year-on-year

WASHINGTON, Nov. 17 News: The U.S. Department of Agriculture’s weekly export sales report showed that total U.S. soybean export sales to China (mainland) so far this year rose 11.2% year-on-year, after a 7.2% increase in the previous week.

As of November 10, 2022, the 2022/23 (starting on September 1) soybean export shipments from the United States to China (mainland) were 9.89 million tons, compared with 11.3 million tons in the same period last year.

The United States shipped 1.31 million tons of soybeans to China that week, and 1.97 million tons of soybeans to China the previous week.

The amount of 2022/23 soybeans sold by the United States to China but not shipped so far is 11.07 million tons, up from 7.55 million tons in the same period last year.

So far in 2022/23, total U.S. soybean sales to China (shipped and unloaded) are 20.96 million tons, up 11.2% year-on-year, up 7.2% in the previous week and up 7.2% two weeks ago. %.

So far this year, U.S. soybean export sales totaled 35.98 million tons, an increase of 4.2% from 34.54 million tons in the same period last year, a decrease of 0.4% last week and an increase of 0.9% two weeks ago.

In its November 2022 supply and demand report, the U.S. Department of Agriculture estimated that China’s soybean imports in 2022/23 would be 98 million tons, unchanged from the October forecast and up from 91.57 million tons in 2021/22 (previously estimated at 90 million tons). 7.0%.