The USA sold 1.084 million tons of the 2023–24 soybean harvest in the week

Published 2023년 12월 14일

Tridge summary

The United States reported a decrease in soybean sales for the 2023/24 harvest, with a 23% drop compared to the previous week and a 46% drop compared to the average of the previous four weeks. The main buyers for the week were China, Germany, the Netherlands, Thailand, and Turkey, with compensations for cancellations from other destinations. For the 2024/25 business year, no sales or cancellations were reported, and the total volume sold was within analysts' estimated range.

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, 12/14/2023 - - United States exporters reported sales of 1.084 million tons of soybeans from the 2023/24 harvest, including cancellations, in the week ending December 7, the Department of Agriculture of the United States recently reported. United States (USDA). The volume represents a drop of 23% compared to the previous week and 46% compared to the average of the previous four weeks. The main buyers this week are China (718.3 thousand t), Germany (113.2 thousand t), the Netherlands (85 thousand t), Thailand (66.5 thousand t) and Turkey (60 thousand t), which compensated for cancellations made by undisclosed destinations (144.3 t), Pakistan (66 thousand t) and Japan (24.1 thousand t). For the 2024/25 business year, no sales or cancellations were reported. The total volume sold was within analysts' estimates, which ranged from sales of 900 thousand tons to 1.8 million tons. 900-1800 Shipments for the period ...

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