Soybean net sales climb

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

According to the USDA's latest U.S. Export Sales report, soybean net sales of 746,100 MT for the 2011/2012 marketing year resulted as increases for China (517,100 MT, including 126,000 MT switched from unknown destinations and decreases of 161,600 MT), unknown destinations (126,500 MT), Mexico (54,300 MT), Taiwan (17,500 MT), Japan (16,900 MT, including 18,000 MT switched from unknown destinations and decreases of 1,700 MT), and Thailand (7,500 MT), were partially offset by decreases for Tunisia (3,200 MT).  

Net sales of 5,100 MT for delivery in 2012/2013 were for Japan.   Exports for own account were reported for Canada (29,400 MT).  Exports of 1,428,600 MT were primarily reported to China (1,213,500 MT), Mexico (113,600 MT), Tunisia (26,800 MT), Japan (26,000 MT), Indonesia (17,100 MT), and Taiwan (12,700 MT).   

Soybean futures traded solidly lower on Wednesday as profit-taking on the recent rally and outside markets weighed on soybean futures. On Thursday soybean futures were called 4 to 5 cents lower.

  Sales 746,143 604,012 142,131
Average 554,611 389,945 337,285
High 1,033,469 2,726,720 2,726,720
Low 209,702 8 -405,598

Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...

Related Articles

No matching related articles at this time.

Comments (0) Leave a comment 

e-Mail (required)


characters left

Pacesetter Grain Hopper

The Pacesetter Gain Hopper features original and innovative ideas like the patented RollerTrap™, the industry’s easiest to open and maintain trap ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form