Weekend Commodity Wrap Up
AgResource breaks down the week in ag commodities.
Next Weekly Newsletter to be Published Wednesday, Sep 6.
Due to the Labor Day holiday in the US, the next edition of the Weekly Newsletter will be released on Wednesday, September 6th.
Soybean Ship Lineup Down YoY But Number of Vessles To-Be-Nominated Up Sharply
Bottom Line: Our estimate of next week’s inspections suggests that total exports should be sufficient to meet the USDA’s old-crop export projection of 2,150 Mil Bu (up 50 Mil Bu from their previous projection). Our “estimated” range for next week’s export inspections is 0.505-0.635 MMT (range 130,000 tonnes). However, based on the accuracy of our estimation…
Coasting Into Holiday Weekend With Limited Fresh News
** ARC will release our Weekend Summary this afternoon. We wish everyone a happy and safe Labor Day weekend! ** Early fund selling in corn and a sideways trade in wheat/soybeans has been the theme at the CBOT this AM. The volume of trade has been better than expected in corn, but holiday reduced in…
Updating Australia, Europe & South America Week 2-4 Forecasts
The medium/extended-range forecast reports for through September are attached.
