Summary: Last week (Mar 01) Brazil exported NO corn. Argentine exports are “estimated” at 475,000 MT. Shipments from Ukraine are “estimated” at 775,000 MT. US exports were at 1.08 MMT. Brazil’s new-crop corn “commitments” rose only 82,000 MT this past week. Ship lineups indicate that 120,000 MT “could” be exported in March. USDA’s February projection of…
Summary: Brazil shipped 2.70 MMT of soybeans this past week (Mar 01), down 81,000 MT for the week. US soybean exports are “estimated” to have been 1.415 MMT. It is “estimated” that 10,000 MT were shipped from Argentina. Total Brazilian export commitments are 22.87 MMT, up 96,000 MT from a year ago. USDA’s projection is 99.50 MMT…
Summary: As of Feb 29, the lineup of ships waiting or scheduled to load U.S. corn is estimated to be 910,000 MT (36 MBU). That is up 4% from the previous week. Next week’s export inspections could be 985,000 MT (39 MBU). That would be down 21% from the previous week. There were three vessels to-be-nominated (TBN). That’s unchanged from…
Summary: Next week’s soybean export inspections could be 1.415 MMT (52 MBU). That would be up 45% from the previous week. This week’s U.S. soybean ship lineup is 678,000 MT (25 MBU), down 47% from the previous week. There were three vessels to-be-nominated (TBN), unchanged from the previous week. In the February WASDE, the USDA lowered their projection for…
Soybean exports were up 91,000 MT from the previous week. Cumulative soybean exports are down 3.7% from a year ago. USDA projects total global soybean exports to be down 0.8% from a year ago. USDA’s February projection was lowered 370,000 MT (0.2%) from the previous month. Corn exports were up 178,000 MT from the previous…
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