US old-crop soybean exports have slowed to a crawl in recent months as world demand has shifted to Brazil following a record large crop and a subsequent collapse in Brazilian export premiums. Weekly export sales have slowed to an average of 4.8 Mil Bu in the last 8 weeks and exports have averaged 13 Mil…
The Indian wheat balance sheet will be loosening only very slightly in 2023/24 despite record production. The Indian government this AM hinted that imports would not be necessary to satisfy domestic consumption, which may be true, but India will not be an exporter amid weak carryover supplies and ongoing modest growth in demand. USDA in…
New crop major exporter corn stocks/use was raised slightly amid larger US stocks and a 2.4 MMT increase in Ukrainian production due to larger planted area. However, like in the US, this normalization of global supplies only occurs if Northern Hemisphere weather patterns improve in the next 2-3 weeks. Note that some 12-15% of Europe’s…
The June International Trade report showed that the US beef export program remains in sharp retreat amid tightening US supplies and historic prices. US exports in April totaled 268 Mil Lbs, down 12% from last year and the slowest April export figure in 3 years. Exports to S Korea and Mexico increased from last year,…
The June International Trade report showed US that US soybean exporters shipped out 94 Mil Bu of soybeans in May. This was down 41 Mil Bu from last year’s record-setting April export rate that was due to the short Brazilian crop. However, April exports were 14 Mil Bu larger than the monthly inspection rate that…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
