Summary: Next week’s soybean export inspections could be 2.0 MMT (73.5 Mil Bu). That would be up 53% from this past week. This week’s ship lineup is 2.611 MMT. That is up 14% from last week. There were 24 vessels to-be-nominated (TBN). That is down sharply from the previous week. This past week there were…
Click here to view the data Sir/Ms: Attached is a table that provides estimates of the latest weekly shipments of wheat, corn and soybeans from principal exporters. Soybean exports were down 608,000 MT from the previous week but cumulative exports are up 3.8% from a year ago. USDA projects global soybean exports to be up…
Summary: Last week Brazil exported 985,000 MT of corn. Argentine exports were 78,000 MT. Ukraine shipped 951,000 MT. US exports were 912,802 MT. As of Jan 01, Brazil’s total corn export “commitments” for the local marketing year were 34.73 MMT vs 38.30 MMT last year. Commitments have accounted for 99.2% of projected total annual exports.…
Summary: US ethanol production was up just 0.1%. Blender demand was down 12%, in keeping with seasonal tendencies. However, ethanol stocks surprised some analysts by declining almost 1$, after 10 weeks of building. Gasoline consumption fell this week and is down 9% from a year ago. Futures-based ethanol producer margins on Jan 05 were -61.1…
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