Soybean exports improve from last week
According to the USDA's U.S. Export report released on Sept. 29, soybean net sales of 1,033,500 MT for the 2011/2012 marketing year were mainly reported for China (845,600 MT, including 113,000 MT switched from unknown destinations), Mexico (190,800 MT), Egypt (27,000 MT), Japan (21,500 MT), Indonesia (19,100 MT, including 2,000 MT switched from Taiwan), and Turkey (16,500 MT).
Optional origin sales were reported for China (66,000 MT). Exports of 321,900 MT were primarily reported to China (177,500 MT), Mexico (60,900 MT), Egypt (24,300 MT), Japan (20,600 MT), and Indonesia (14,000 MT).
Soybean futures were sharply lower on Wednesday as concerns about the global economy triggered funds to liquidate long positions. On Thursday soybeans were called 4 cents lower.
|REPORT||THIS WEEK||LAST WEEK||DIFFERENCE|
|SALES||10 WEEKS||27 WEEKS||THIS YEAR|
No matching related articles at this time.
- Farm Market iD releases 2013 Land and Grower Database
- Even in isolated, pristine Tasmania, pressure for GMO farming
- Grains dipped Tuesday while the other markets climbed
- Cattle, soybeans climb Tuesday morning
- Maire Tecnimont to build $1.6 billion U.S. fertilizer plant
- Corn price premiums continue to fade