The USA sells 4,700 tons of the 2022/23 soybean oil harvest in the week

Published 2023년 9월 28일

Tridge summary

US exporters reported selling 4,700 tons of soybean oil from the 2022/23 harvest in the week ending September 21, according to the US Department of Agriculture. However, this volume was a significant drop compared to the average of the previous four weeks. The main buyer was Canada, while Honduras cancelled 100 tons but still purchased 100 tons for the 2023/24 harvest. Shipments during this period totaled 1,000 tons, with Canada and Mexico being the main destinations.

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

Original content

By Audryn Karolyne, with information from Dow Jones Newswires São Paulo, 09/28/2023 - United States exporters reported sales of 4,700 tons of soybean oil from the 2022/23 harvest in the week ending September 21, the country's Department of Agriculture reported this Thursday ( USDA). The volume represents a significant increase compared to the previous week, but a significant drop compared to the average of the previous four weeks. The main buyer was Canada (4,800 t), which compensated for the cancellations made by Honduras (100 t). For the 2023/24 harvest, sales of 100 tons were reported to Honduras. The result was within the forecast of analysts, who estimated cancellations of up to 10 thousand tons and sales of up to 10 thousand ...

Source: Broadcast