The USDA says the United States has sold 752,700 tons of soybeans a week since the 2021/22 crop.

Sao Paulo, May 19 – US exporters sold 752,700 tonnes of soybeans from the 2021/22 crop in the week ended May 12, the US Department of Agriculture (USDA) said in a weekly report on Thursday. The volume increased significantly compared to the previous week and was 65% compared to the average of the previous four weeks.

During the week, China (392,600 tonnes), the Netherlands (84,600 tonnes), Egypt (58,300 tonnes), Taiwan (55,500 tonnes) and Bangladesh (55,000 tonnes) were the main buyers. t).

For the 2022/23 harvest, 149.5 thousand tons were sold. Major buyers are unpublished locations (113,500 tons), Taiwan (16,000 tons), Mexico (12,000 tons) and China (8,000 tons).

The sum of the two crops was higher than the forecast of the researchers consulted Dow Jones NewswireExpect quantities ranging from 200 thousand tons to 800 thousand tons per week.

Exports during this period totaled 957.2 thousand tonnes. The volume is a significant increase compared to the previous week and 45% compared to the four-week average. The main destinations for the week were Egypt (271.3 thousand tons), China (230.8 thousand tons), Mexico (141.5 thousand tons), Indonesia (88.2 thousand tons) and the Netherlands (84.6 thousand tons).