The latest statistics of U.S. soybean export in 2001 / 02
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Last Update: 2002-08-16
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Source: Internet
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Author: User
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Introduction: on August 16, according to the weekly sales report data of the U.S Department of agriculture, as of August 8, the soybean export volume of the United States in 2001 / 02 reached 29.0293 million tons, which completed 100.62% of the annual export target revised by the U.S Department of agriculture Last week, U.S soybean exports in 2001 / 02 reached 28.6999 million tons, 99.48% of the U.S Department of agriculture's revised annual export target It can be seen from the above that the sales progress and shipment volume of US soybean export remain at a very strong level With two weeks left in the market year, the soybean export shipment has once again exceeded the USDA's just raised soybean export forecast of 1.06bn bushels Before the report of the USDA was issued, we predicted that USDA would increase the export target of soybeans in 2001 / 02 by 20-30 million bushels, while USDA only increased the export target by 15 million bushels, but now it seems that USDA obviously underestimated the export import of us soybeans Therefore, we expect the USDA to continue to raise its soybean export forecast for 2001 / 02 in its supply and demand report in September We still maintain the original forecast that the USDA will increase the soybean export forecast for 2001 / 02 by 5 million to 15 million bushels, to 1.065 billion or 1.075 billion bushels.
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