USDA: USA sells 62.2 thousand tons of soybeans from the 2022/23 crop in the week; corn sales reach 257.3 thousand tons
Soybean
Maize (Corn)
Wheat
United States
Published May 12, 2023
Tridge summary
São Paulo, 05/11/2023 - United States exporters sold 62,200 tons of soybeans from the 2022/23 crop in the week ended May 4, the United States Department of Agriculture (USDA) informed a little while ago. The volume represents a drop of 79% compared to the previous week and 68% compared to the average of the previous four weeks.
Original content
In the week, the main buyers were Indonesia (88.8 thousand t), Holland (57.7 thousand t), Japan (52.9 thousand t), Colombia (4.7 thousand t) and Egypt (3 thousand t), which offset the cancellations made by undisclosed destinations (120.2 thousand t), Portugal (23 thousand t) and China (6 thousand t). For the 2023/24 crop year, sales of 50.1 thousand tons were registered to Portugal (23 thousand t), Mexico (19.1 thousand t) and China (8 thousand t). The sum of sales, of 112,300 tons, came below analysts' estimates, which ranged from 175,000 to 550,000 tons. Shipments in the period totaled 411.1 thousand tons, down 27% compared to the previous week and 18% compared to the average of the previous four weeks. The main destinations were Indonesia (82.6 thousand t), Mexico (74.3 thousand t), China (72.3 thousand t), Holland (57.7 thousand t) and Japan (42.4 thousand t). Corn US exporters sold 257,300 tonnes of 2022/23 corn in the week ended May 4, the USDA said today. The volume ...
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