——Total sales to China decreased by 18.3% year-on-year
Washington, April 14 News: The U.S. Department of Agriculture’s weekly export sales report showed that total U.S. soybean export sales to China (mainland) decreased by 18.3% year-on-year, compared with a year-on-year decrease of 19.6% in the previous week.
As of April 7, 2022, the 2021/22 (starting September 1) soybean export shipments from the United States to China (mainland) were 27 million tons, compared with 34.91 million tons in the same period last year.
The United States shipped about 420,000 tons of soybeans to China that week, and 460,000 tons of soybeans to China the previous week.
U.S. soybean sales to China in 2021/22 have so far been 2.19 million tonnes, up from 790,000 tonnes a year earlier.
So far in 2021/22, total U.S. soybean sales to China (shipped and unloaded) are 29.18 million tons, down 18.3% year-on-year, down 19.6% year-on-year last week, and down 21.3% year-on-year two weeks ago. %.
U.S. soybean sales to China in 2022/23 were 5.893 million tons, up 267,000 tons from a week earlier.
In the April 2022 supply and demand report, the U.S. Department of Agriculture estimated that China’s soybean imports in 2021/22 are expected to be 94 million tons, which is lower than the 97 million tons forecast in March and 5.77% lower than the 99.76 million tons in 2021/22.