Summary: Last week Brazil exported 742,000 MT of corn. Argentine exports were 90,000 MT. Ukraine shipped 800,000 MT. US exports were 993,710 MT. As of Dec 24, Brazil’s total corn export “commitments” for the local marketing year were 34.22 MMT vs 38.25 MMT last year. Commitments have accounted for 97.8% of projected total annual exports.…
Summary: Next week’s soybean export inspections could be 1.635 MMT (60 Mil Bu). That would be up 15% from this past week. This week’s ship lineup is 2.944 MMT. That is down 17% from last week. There were 36 vessels to-be-nominated (TBN). That is down from the previous week. From a seasonal perspective, it looks…
Summary: US ethanol production increased about 2.0%. Blender demand was unchanged. However, ethanol stocks rose 1.0%. Gasoline consumption is down 14% from a year ago. Futures-based ethanol producer margins on Dec 22 were -49.25 cents/gln, down 14.4 cents from the previous week. Blender margins were 0.14 cents/gln, down 0.02 cents from the previous week. ++++++++++++++++…
Summary: This week, US soybean export sales rose 352,800 MT. Sales were below the low end of the range of expectations and were a marketing year low. However, total export commitments are a record 1,995 Mil Bu, 91% above a year ago. At this date, “pace analysis” for soybeans is useful as a predictor of…
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 up 43,000 MT from the previous week and cumulative exports are up 6.6% from a year ago. USDA projects global soybean exports to be up…
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