Weekly Global Crop Exports
Click here to view the data Sir/Ms: Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were down 311,000 MT from the previous week but cumulative exports are up 7.1% from a year ago. USDA projects global soybean exports to be up…
Weekly Global Crop Exports
Click here to view the data Sir/Ms: Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were down 311,000 MT from the previous week but cumulative exports are up 7.1% from a year ago. USDA projects global soybean exports to be up…
Low Volume CBOT Decline Argues that Break is Correction on Momentum Fund Selling; Cash Market Tightness to Led Corn/Soy Higher into March/April
CBOT futures are lower at midday on renewed liquidation. Mexico booked a couple of US corn cargoes overnight that was announced by USDA/FAS this morning, but otherwise, the tone of the market is one of profit taking. Several day corrections in bull markets are normal and needed for technical refreshes. Few will want to be…
