Summary: Yesterday, the BA Grain Exchange (BAGE) pegged the country’s corn crop at a record 48 MMT. That’s up 3 MMT from their estimate of 45 MMT made in mid-April. A model indicates that this year’s final crop could exceed 50 MMT. The previous record crop was 41 MMT (set in 2016/17). The Attaché pegged…
Heavy rains return to the Central U.S. early next week.
Cool pattern is locked-in over Central U.S.
Can the wet belt affecting corn growing areas shift east?
Summary: Next week ’s soybean export inspections are expected to be 525,000 MT (19.3 Mil Bu). If this is correct, that would be up 7% from the previous week. This week’s ship lineup is 501,000 MT. That is down 18% from last week, and it is 17% smaller than a year ago. Two weeks ago saw the smallest lineup so far this season. There were 30 vessels…
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