Soybean exports picked up during the week of Nov. 17 after a big drop in volume the previous week. Net soybean export sales, on the other hand, slowed drastically by more than half the value realized in the preceding week.

China’s weekly share of soybean exports went up to 78.2 percent, with export sales and shipments remaining around expected levels, given USDA’s export forecast. Net soybean export sales slowed to 715,188 MT during the week of Nov. 17. However, soybean export volumes picked up slightly from the previous week’s 1.3 MMT to 1.9 MMT.

Grain export buyers in Mexico seem to have been busy, intent on getting all orders placed for adequate supply ahead of the Thanksgiving holiday.

Weekly net export sales to China

Source: USDA
Posted by: Information Services
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