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01/11/2024

USDA reports new sales for soybeans, soybean oil and corn this Friday (01)

On Friday (01), the USDA (United States Department of Agriculture) reported new sales of soybeans to China and to unknown destinations

For soybeans, sales of 132,000 tons to China were reported, with volumes from the 2024/25 harvest.  Sales of 198,000 tons to unknown destinations were also reported, with volumes from the 2024/25 harvest.

For soybean oil, 30,000 tons were sold to India for the 2024/25 harvest.

For corn, 781,322 tons were sold to Mexico for the 2024/25 harvest. The USDA also reported sales of 65,532 thousand tons of corn to Mexico for the 2025/26 harvest.

Sales made on the same day, to the same destination and with a volume of 100,000 tons or more must always be reported to the USDA.