Sales for 2018/19 are 7.68 mmt behind
United States export sales are reported weekly by the Foreign Agricultural Service. Selected data from the latest release is reported below along with analystical tools developed by CropReports.com. The report is normally released every Thursday at 8:00 AM EDT, except for when there is a holiday in the release week. This page is automatically updated with the latest report data.
Data from the Foreign Agricultural Service
For the week ending Oct 22, 2020 the Foreign Agricultural Services reported new net soybean sales of 1,620,700 metric tons for the 2018/19 marketing year, and 9,000 metric tons for the 2019/20 marketing year. This is the 74th week reported for 2018/19 and the 23rd week of the current marketing year which started Sep. 1st, and ends Aug. 31st, 2018.
Soybean export sales are currently 7.68 million metric tons (MMT) behind of the current USDA export prediciton of 51.71 MMT. The green pace line in the chart below shows predicted weekly sales, seasonally adjusted, to equal the current USDA export prediction. If a week's actual sales are higher than the green line, then that week's sales are larger than expected. If a week's sales are lower than the green line, then sales are less than expected. Charts for both the current, and next, marketing year are displayed below.
USDA
51.71
51.71
Green
44.03
9.22
Blue
44.03
9.22
Actual
1,620,700
9,000
Green
0
0
Blue
0
0
Sales
44.03
9.22
Carry-Over
0.00
0.00
Commitments
44.03
9.22
Weekly export sales exhibit seasonal trends throughout the year. The Green Pace is the seasonal sales pace over the last 10 years scaled to the current USDA exports. Although there is an obvious seasonality in sales, there is a large variation in sales for any given week. The green band around the seasonal green pace gives a loose sense of a normal range for a given week.
The blue pace is the same seasonally adjusted average as the green pace, but is scaled to the last 4 weeks sales, instead of the USDA export prediction. This shows whether recent sales have been stronger or weaker than the USDA prediction.