Summary: China’s “spot” soybean crushing margin today was 85 Yuan/MT, unchanged from a week ago. The “forward” margin was 50 Yuan/MT, also unchanged from a week ago. However, the forward margin was 153 Yuan above what it was a year ago. In the August WASDE, the USDA lowered its projections for China’s old-and-new crop imports by 2…
Summary: For the period Aug 10-Aug 16, the ship lineup shows that Brazil exported 1.54 MMT of corn. That is 316,000 MT less than the previous week but it is 717,000 MT more than what was shipped a year ago. Last week, Argentina exported 819,000 MT; the US exported 510,334 MT; and Ukraine’s corn…
** AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.26 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. ** 6:30 AM CDT CBOT Prices: November soybeans are up 7.50 cents at $8.74, December corn is up 4.25 cents at $3.7875…
Short-range issued for the U.S. and Europe plus a review of the autumn outlooks.
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