USDA Export Sales Weekly Report

Lead: the U.S Department of Agriculture released its export sales report for the week ending March 17 The net soybean sales in 2004-05 market year (from September 1) in the United States in that week was 346900 tons, the lowest week since this market year, which was at the lower limit of the market forecast of 300000-55000 tons, with an average decrease of 45% and 42% compared with the previous week and the previous four weeks The main buyers are 145800 tons in Japan, 130000 tons in China (including 55000 tons transferred from anonymous buyers), 60000 tons in Holland, 52500 tons in South Korea, 22100 tons in Mexico, 67100 tons in Germany, and 90000 tons of purchases cancelled by anonymous buyers In addition, 77700 tons of American soybeans shipped in 2005 / 06 were sold to Japan this week In that week, the export shipment volume of soybeans in the United States was 541600 tons, 48% and 39% lower than that in the previous week and four weeks, respectively The main countries and regions to be shipped were China 235300 tons, Mexico 88200 tons, Japan 81400 tons and Holland 60000 tons As of March 17, the cumulative soybean sales volume of the United States in 2004-05 (September August) was 26.7558 million tons, higher than the 23.2727 million tons of the same period of last year; the total new soybean sales volume of China was 11.1675 million tons, 8.223 million tons of the same period of last year So far, the cumulative export shipment volume of us soybeans in this market year is 23.7099 million tons, compared with 21.0263 million tons in the same period of last year The current total export target of US Department of agriculture for this year is 28.44 million tons China has shipped 10.70 million tons of American soybeans in this market year, 8.163 million tons in the same period of this year In addition, 729600 tons of accumulated export sales of us soybeans in this market year have been purchased by anonymous buyers In 2004-05 (October 1), the net export volume of soybean meal in the United States was 149900 tons, 66% and 84% higher than that in the previous week and four weeks respectively The market forecast was between 50000-100000 tons The export shipment volume was 208800 tons, 75% and 40% higher than that in the previous week and four weeks respectively In 2004-05 (October 1), the net sales volume of soybean oil in the United States was 1700 tons, lower than the 3000 tons level in the previous week, and the market forecast range was 10000-10000 tons; the export shipment was 7000 tons, compared with 4300 tons in the previous week