——Total sales to China increased by 7.2% year-on-year
WASHINGTON, Nov. 10 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 7.2% year-on-year, after a 10.6% increase in the previous week.
As of November 3, 2022, the 2022/23 (starting on September 1) soybean export shipments from the United States to China (mainland) were 8.581 million tons, compared with 9.643 million tons in the same period last year.
The United States shipped 1.968 million tons of soybeans to China that week, and 1.995 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 10.84 million tons, up from 8.48 million tons in the same period last year.
In 2022/23 so far, total U.S. soybean sales to China (shipped and unloaded) are 19.42 million tons, up 7.2% year-on-year, up 7.2% in the previous week and up 10.6% two weeks ago. %.
So far this year, U.S. soybean export sales totaled 33.09 million tons, down 0.4 yuan from 33.22 million tons in the same period last year. Last week, it was up 0.9% year-on-year, and two weeks ago, it was up 4.7% year-on-year.
In the November 2022 supply and demand report, the USDA estimated that China’s soybean imports in 2022/23 would be 98 million tons, the same as the October forecast and 91.57 million tons in 2021/22 (previously estimated at 90 million tons) ) increased by 7.02%.