Summary: Brazil shipped 1.23 MMT of soybeans this past week. There were 326,000 MT shipped from Argentina. We were not able to estimate US export inspections. In the Sep WASDE, the USDA left its projection for Brazil’s local marketing year exports at a record 86.5 MMT. The Brazil ship lineup indicates that 4.75 MMT could…
Summary: Last week Brazil exported 582,000 MT of corn. Argentine exports were 673,000 MT. Ukraine shipped 230,000 MT. Not enough reports of ship lineups were available to estimate US exports. As of Sep 10, Brazil’s total corn export “commitments” for the local marketing year were 10.5 MMT vs 20.3 MMT last year. Commitments have accounted…
CRB Index The CRB index rallied to a slightly higher close in another narrow range week. Either commodities (CRB Index) break out strongly to the upside based on stagflation or a correction could ensure amid the worry over Covid as the Northern Hemisphere shifts to a colder climate that better facilitates the spread of the…
Texas and Mid-Atlantic Coast Tropical Threats Emerging Discussion: Several new issues have emerged in the tropics – all of which could impact the U.S. The first is Tropical Disturbance 94L. This system will enter the Bay of Campeche as a low-pressure system today. Over the warm waters of this region, 94L should have no problem…
AgResource Farm Marketing Advice for Monday: 1/No new advice. Beginning October 1st, AgResource Company emails will no longer include analysis in the body of the email. Instead, the emails will consist of two separate buttons that will direct you to the AgResource website or the AgResource app. Content can then be securely viewed through the app and will…
