The US Department of Agriculture's export inspection report shows that the inspection volume of US soybean exports has increased by 110% compared to a week ago and 1.9% compared to the same period last year. As of the week ending October 3, 2024, the inspection volume of US soybean exports was 1,431,345 tons, compared to 682,852 tons last week and 1,404,225 tons in the same period last year.
So far in 2024/2025, the total inspection volume of US soybean exports has reached 3360626 tons, a year-on-year decrease of 1.0%. Last week, it decreased by 3.4% year-on-year, and two weeks ago, it decreased by 6.1% year-on-year.
So far in 2024/2025, US soybean exports have reached 6.7% of the annual export target, up from 3.8% last week.
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