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Newsletter text
[U.S. soybean export inspections increased sharply from the previous week]
The latest U.S. Department of Agriculture data showsmidpointbingo, as of the week ending May 9, 2024, U.S. soybean export inspections reached 406midpointbingo,052 tons, compared to the previous week after correctionmidpointbingoof 358midpointbingo,082 tons increased significantly. Compared with 190,437 tons in the same period last year, export inspection volume performed strongly in the same period this year.
In terms of cumulative export inspections for this crop year (starting from September 1, 2023), U.S. soybeans exceeded the 480,456,79 tons in the same period of the previous year with a performance of 395,375,65 tons. This data reflects that the demand for U.S. soybeans in the international market is still strong.
