USA sells 203.6 thousand tons of soybean meal from the 2023/24 harvest

Published 2023년 11월 24일

Tridge summary

In the week ending November 16, US exporters reported sales of 203.6 thousand tons of soybean meal from the 2023/24 harvest, representing a 41% increase from the previous week. However, this volume was a 13% decrease compared to the average of the previous four weeks. Mexico, Colombia, and New Zealand were the main buyers, while there were no sales reported for the 2024/25 business year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Ana Ritti, with information from Dow Jones Newswires São Paulo, 11/24/2023 - United States exporters reported sales of 203.6 thousand tons of soybean meal from the 2023/24 harvest, in the week ending November 16, the country's Department of Agriculture reported this Friday (USDA). The volume represents an increase of 41% compared to the previous week, but a decrease of 13% compared to the average of the previous four weeks. The main buyers were Mexico (42.6 thousand t), Colombia (32.6 thousand t), New Zealand (30 thousand t), undisclosed destinations (25 thousand t) and Canada (19.6 thousand t), which offset cancellations from Japan (1,800 t). For the 2024/25 business year, no sales were reported. The total sold was close to the ceiling of analysts' estimates, which ranged from sales of 100 thousand tons to 210 thousand tons. Shipments during the week totaled 288.1 thousand tons, an ...

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