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Newsletter text
[U.S. soybean export inspections increased sharply from the previous week]
The latest data from the U.S. Department of Agriculture shows that in the week ending May 9, 2024, U.S. soybean export inspections reached 406.n41bingo,052 tons, compared to the previous week after correctionn41bingoof 358n41bingo,082 tons increased significantly. with the same period of last yearn41bingoCompared with 190,437 tons, 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.