367K Tons in New Soybean Export Sales Larger Than Last 3 Weeks Combined

Posted on August 23, 2012

Today the USDA reported export sales totalling 367,000 metric tons of soybeans and 55,000 metric tons of soybean oil by private exporters.  That’s 367,000 tons of soybeans, 121,000 tons of corn and 55,000 tons of soybean oil for the week.

The weekly total of 367,000 tons in new soybean export sales is larger than the last 3 weeks combined.

See table below for details.

For week ending August 25, 2012

Report Date Crop Size of Sale
(Metric Tons)
Destination Country/Marketing Yr
August 20, 2012 Corn 99,000 Mexico (2012/2013)
August 20, 2012 Corn 22,000 Mexico (2013/2014)
August 23, 2012 Soybeans 165,000 China (2012/2013)
August 23, 2012 Soybeans 202,000 Unknown Destinations (2012/2013)
August 23, 2012 Soybean Oil 36,000 China (2011/2012)
August 23, 2012 Soybean Oil 19,000 China (2012/2013)

The marketing year for corn & soybeans is Sept 1 – August 31. The marketing year for soybean oil is October 1 – September 30.

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