US Corn Ship Lineup Lowest in Over a Year. But Undelivered Export Sales 2nd Largest Ever.
The lineup of vessels waiting (or scheduled to arrive) destined to load US corn is just 168,000 MT (about 3 vessels). Meanwhile there’s 55 vessels waiting to load soybeans. Ship lineup data suggests next week’s corn export inspections will be 485,000 MT, down 14% from the previous week. The following week could see even smaller…