Ukraine Corn Yields Remain Record High But Little Changed From Week Ago.

Summary:   In the Sep WASDE, USDA lowered their projection for this year’s Ukrainian corn yield to 7.35 MT/HA (117.1 Bu/Ac).  That’s down 1.3% from the previous projection and down 6.3% from last year’s yield of 7.84 MT/HA (125.0 Bu/Ac). The most recent Ukrainian harvest report shows this year’s yields are HIGER than they were a year ago when harvest…

US Soybean Ship Lineup Lowest in 4 Years. Inspections Expected To Be 725,000 MT, Down From Previous Week.

Summary:  Next week ’s soybean export inspections are expected to be 725,000 MT (26.6 Mil Bu).   If this is correct, that would be down 21% from the previous week.  This week’s ship lineup is 1.095 MMT.  It is up 5% from last week.  There were 23 vessels to-be-nominated (TBN).  That is down slightly from last week. This past week there was…

Russian Wheat Yield Still Above Year Ago While USDA Projecting a Slight Decline.

Summary:   In the Sep WASDE, USDA lowered their projection for this year’s Russian wheat yield to 2.69 MT/HA (39.9 Bu/Ac).  That’s down 0.4% from the previous projection and down 1.1% from last year’s yield of 2.72 MT/HA (40.46 Bu/Ac). The most recent Russian harvest report shows this year’s yields are a bit HIGHER than they were a year ago…