Summary: Brazil shipped 1.08 MMT of soybeans last week. That’s up from the previous week’s 909,000 MT but 471,000 MT smaller than a year ago. Argentina exported 164,000 MT and ARC expects US inspections to be around 675,000 MT. In the September WASDE, the USDA left their projection for Brazil’s exports unchanged at 69.0 MMT…
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…
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 HIGER than they were a year ago…
Summary: Next week ’s soybean export inspections are expected to be 675,000 MT (24.81 Mil Bu). If this is correct, that would be up 1% from the previous week. This week’s ship lineup is 1.041 MMT. It is up 59% from last week. There were 24 vessels to-be-nominated (TBN). That is up from last week. This past week there were 2…
Summary: This week, US soybean export sales were 1.73 MMT. That was well above trade expectations. In the September WASDE, the USDA left their projection of US exports unchanged at 1,775 Mil Bu. ARC projects exports to be 1,775 Mil Bu. However, we fear that exports will be lower if China does not import at…
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