US sells 6,200 tons of soybean oil from the 2021/22 crop in the week ended 6/9
Refined Soybean Oil
United States
Published Jun 18, 2022
Tridge summary
US exporters sold 6,200 tonnes of soybean oil from the 2021/22 crop in the week ended June 9, the US Department of Agriculture (USDA) said in a weekly report on Thursday. The volume represents a significant increase compared to the previous week and compared to the average of the previous 4 weeks. During the week, the main buyers were Venezuela (6,400 t), which offset the cancellations made by Canada (200 t).
Original content
The weekly result was within the forecast of analysts consulted by Dow Jones Newswires, who expected volume sales of up to 12 thousand tons in the week. Shipments abroad in the period totaled 16.3 thousand tons, a significant increase compared to the previous week and in comparison with the average of the previous 4 weeks. The main destinations in the period were Venezuela (10.9 thousand t), Jamaica (3.5 thousand t), Mexico (1 thousand t) and Canada (900 t). Follow Agro Times on Facebook! Like our Facebook page and connect with Agro Times journalists and readers. Our team ...
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