——Total sales to China decreased by 28.0% year-on-year
Washington, Jan. 13: The U.S. Department of Agriculture’s weekly export sales report showed that total U.S. soybean export sales to China (mainland) decreased by 28.0% year-on-year, compared with a 27.3% year-on-year decrease in the previous week.
As of January 6, 2022, the 2021/22 (starting September 1) soybean export shipments from the United States to China (mainland) were 20.03 million tons, compared with 28.35 million tons in the same period last year.
The United States shipped 489,000 tons of soybeans to China that week, compared with 910,000 tons of soybeans shipped to China the previous week.
The amount of 2021/22 soybeans sold by the United States to China but not shipped so far is 4.06 million tonnes, down from 5.12 million tonnes a year earlier.
So far in 2021/22, total U.S. soybean sales to China (shipped and unloaded) are 24.09 million tons, a year-on-year decrease of 28.0%. %.
In the January 2022 supply and demand report, the U.S. Department of Agriculture estimated that China’s soybean imports in 2021/22 are expected to be 100 million tons, which is the same as the forecast in December and an increase of 0.24% from the previous year’s 99.76 million tons.