Unusual Surge in Brazil’s Soybean Ship Lineup? Exports On Track to be a Record 86.5 MMT

Summary: Brazil shipped 766,000 MT of soybeans this past week. There were 182,000 MT shipped from Argentina. US soybean exports are estimated at 2.065 MMT. Brazil’s October exports could be 3.45 MMT. USDA projection is a record 86.5 MMT. Exports are slightly ahead of the pace need to meet the USDA’s projection. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Last week  Brazil…

Brazil Exported 409,000 MT of Corn Last Week. Oct Corn Exports Could Be 2.4 MMT, Well Below Last Year’s 5 MMT.

Summary:  Brazil exported 409,000 MT of corn this past week. Argentine exports surged to 1.35 MMT. Ukraine shipments are estimated to have been just 46,000 MT.  US corn exports are estimated to be about 665,000 MT. Brazil’s export “commitments” were 12.44 MMT vs 25.21 MMT last year.  Commitments have accounted for 62.6% of projected exports.…