Summary: Last week Brazil exported 646,000 MT of corn. Argentine exports were 707,0000 MT. Ukraine shipped 2,000 MT. US exports are estimated to have been 615,000 MT. As of Aug 20, Brazil’s total corn export “commitments” for the local marketing year were 8.55 MMT vs 16.33 MMT last year. Commitments have accounted for 37.2% of projected…
Click here to view the data US corn export inspections could be 615,000 MT (24 MBU) next week. Ship lineup data indicates that 47% of that is destined for China (285,000 MMT – 11 MBU). Based on the pace of inspections this last week, total US AUGUST corn inspections are expected to be 3.12…
Summary: With 98% of the wheat area harvested, Ukraine’s cumulative average wheat yield is a record. Consequently, Ukraine is projected to have a record crop of 33 MMT (vs last year’s 25.4 MMT). This will partially offset the lower-than-expected Russian and Kazakh crops.. +++++++++++++++++++++++++++++++++ On Aug 20, Ukraine’s cumulative average wheat yields (bunker weight) was…
Summary: Today, 2.142 MMT of soybeans was added to US new-crop export sales. That’s well-above the high end of the range of industry expectations. 1 MMT was sold to China with another 0.841 MMT sold to “unknown” destinations. Pace analysis shows that export sales are sufficient to meet the USDA’s projection. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ The chart below…
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 550,000 MT from the previous week and cumulative exports are up 5.8% from a year ago. USDA projects total global soybean exports…
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