Net soybean export sales for the week of June 7 were a very seasonally strong 519,560 MT (19.1 million bushels). Outstanding sales were 8.9 MMT, up 26 percent from last season to date. Despite strong sales, USDA did not adjust its estimate for 2017/18 soybean exports, as actual shipments were still 8 percent behind last year’s pace as of a week ago. Shipments have remained brisk, however, with 597,400 MT leaving the U.S. last week, and cumulative exports totaling 47.2 MMT (1.73 billion bushels).
Soy crush vs. soy oil stocks, by year
Posted by: Information Services Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.