Summary: Ukraine corn yields are starting off at the second highest level ever. The first harvest report of the year has pegged yields at 5.99 MT/HA (66 BU/AC). That’s up 44% from a year ago. In the August WASDE, USDA raised their projection for this year’s Ukrainian corn yield by 5.6% to 7.2 MT/HA (114.7 BU/AC). …
Summary: Russian harvest reports show this year’s yields are well below last year at this time. Harvest reports to date suggest USDA’s projection is about right. The USDA is projecting a crop of 72.5 MMT, down sharply from their previous estimate of 85 MMT. IF yields drop as harvest progresses (as they normally do), the final crop could…
Click here to view the data Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were down 325,000 MT from the previous week but cumulative exports are up 0.6% from a year ago. USDA projects total global soybean exports to be DOWN…
Summary: US ethanol production was down about 3% this past week, more than had been expected. Ethanol stocks declined about half a percent. Blender demand was unchanged. Gasoline consumption was up slightly from the previous week and was 1% above what it was in 2019. Futures-based ethanol producer margins on Aug 31 were $1.10/gln, up $0.10…
Summary: Brazil shipped 858,000 MT of soybeans this past week. There were 326,000 MT shipped from Argentina. US export inspections were be 377,000 MT. The Brazil ship lineup indicates that 6.14 MMT could be shipped in August. In the August WASDE, the USDA left its projection for Brazil’s local marketing year exports at 86.5 MMT (but still…
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?
