Brazil’s Soybean Exports Slowing But Pace is Still 1-3 MMT Above USDA’s Projection.

Summary:   Brazil shipped 1.128 MT of soybeans last week. Argentine exports were 28,000 MT. US export inspections are estimated to be 1.50 MMT.  There is 4.43 MMT scheduled to ship in September and 1.18 MMT scheduled for October.  USDA left its projection of Brazil’s local marketing year exports at 81 MMT. However, “pace analysis” implies…

Brazil’s Corn Exports On-Track to Meet USDA’s Projection of 34 MMT (Despite Record Domestic Prices).

Summary:  Last week Brazil exported 1.22 MMT corn.  The US exported 781,838 MT.  Argentine exports were 546,000 MT.  Ukraine shipped just 34,000 MT.  As of Sep 04, Brazil’s total corn export “commitments” for the local marketing year were 19.24 MMT vs 25.21 MMT last year.  Commitments have accounted for 56.6% of projected total annual exports.  Ship lineup…