The latest statistics on US soybean exports to China: 73,000 tons of soybeans were shipped to China last week

Foreign media news on June 25: The latest statistics on US soybean exports to China: 73,000 tons of soybeans were shipped to China last week

——Total sales to China decreased by 14.7% year-on-year

The U.S. Department of Agriculture’s weekly export sales report showed that total U.S. soybean export sales to China (mainland) decreased by 14.7% year-on-year, compared with a 14.5% year-on-year decrease in the previous week.

As of June 16, 2022, the 2021/22 (starting on September 1) soybean export shipments from the United States to China (mainland) were 28.53 million tons, compared with 35.03 million tons in the same period last year.

The United States shipped about 73,000 tons of soybeans to China that week, and 75,000 tons of soybeans to China the previous week.

The amount of 2021/22 soybeans sold by the U.S. to China but not shipped so far is 2.01 million tons, up from 750,000 tons in the same period last year.

So far in 2021/22, total U.S. soybean sales to China (shipped and unloaded) are 30.53 million tons, down 14.7% year-on-year, compared with last week’s 14.5% year-on-year decrease and a 14.8% year-on-year decrease two weeks ago. %.

U.S. soybean sales to China in 2022/23 were 7.77 million tons, 66,000 tons higher than a week earlier and 160.3 percent higher than a year earlier.

In the June 2022 supply and demand report, the U.S. Department of Agriculture estimated that China’s soybean imports in 2021/22 are expected to be 92 million tons, which is the same as the forecast value in May and 7.8% lower than the 99.76 million tons in 2021/22. Soybean imports in 2022/23 are at 99 million tonnes, unchanged from the previous forecast.