Summary: Brazil shipped 1.07 MMT of soybeans this past week (Aug 26). That was up 68,000 MT from the previous week. Argentine exports were 96,000 MT. US exports are estimated to be 645,000 MT. The lineup indicates that Brazil’s August shipments could be 5.20 MMT. Total Brazilian export commitments are 68.85 MMT, tied as the 3rd…
Summary: The lineup of ships waiting or scheduled to load US soybeans is 664,000 MT, down 23% from the previous week. There were 24 vessels to-be-nominated (TBN). Monday’s soybean export inspections could be 645,000 MT (24 MBU). That would be down 6% from the previous week. USDA left their projection of US exports unchanged at 2,160 MBU vs…
Summary: The lineup of ships waiting or scheduled to load US corn is 175,000 MT (7 MBU). That is down 30% from the previous week. Next week’s corn export inspections could be 525,000 MT (21 MBU). That would be down 29% from the previous week. There were 24 vessels to-be-nominated (TBN). That’s up 2 from the previous week. We…
Soybean weekly exports were down 485,000 MT from the previous week. And cumulative soybean exports are down 3.5% from a year ago. USDA projects total global soybean exports to be down 6.9% from a year ago. USDA’s August projection was lowered 0.1% from the previous month. Corn weekly exports were down 800,000 MT from the previous…
Summary: US ethanol production rose 0.5%, whereas the trade had expected a slight decline. Ethanol stocks rose by 1.5%, the opposite from what the trade had expected. Gasoline consumption plunged 12% from the previous week. The expansion of US federal tax credits for carbon capture could be a be a major benefit to the ethanol…
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