Thank you for subscribing to AgResource LATAM! Brazil, September 1st ______________________________________________________________________ AgResource Brazil revises August estimate for corn and soybean production in the country and projects the 2023/24 soybean crop. AgResource Brazil, a subsidiary of the American firm AgResource Company, has revised its September estimates for the production of corn in the 2022/23 crop season.…
CBOT grain futures are higher in US pre-holiday trade with soyoil futures being the bullish stalwart. Corn/soybean futures are following with soyoil rising on strong domestic demand. US renewable diesel demand continues to build with this sector completely replacing lost US export demand. Gulf US soyoil stays well above South American and tropical oil offers…
Summary: The lineup of ships waiting or scheduled to load U.S. corn is estimated to be 217,000 MT (9 MBU). That is down 30% from the previous week. Three weeks ago, the lineup was the lowest in over a year. Next week’s export inspections could be 750,000 MT (30 MBU). That would be up 26% from…
Australia September outlook is dry and warm!
Week 2-4 outlook is dry across much of Brazil.
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