Summary: Next week’s soybean export inspections could be 2.07 MMT (76 MBU). That would be up 139% from the previous week. This week’s US soybean ship lineup is 3.71 MMT (136 MBU), up 7% from the previous week. There were 26 vessels to-be-nominated (TBN). That is up nine from the previous week. USDA lowered their projection for 2023/24 US…
A “Crib Sheet” for evaluating the October WASDE is available. To receive the Excel file email: tierney@agresource.com
Summary: Last week (Oct 06) Brazil exported 1.48 MMT of corn. That’s down 631,000 MT the previous week. Argentine exports were 232,000 MT. Shipments from Ukraine were 100,000 MT. Prio to the release of the inspection report, US corn exports are estimated at 920,000 MT. Brazil’s total corn export “commitments”, for the local marketing year, are 39.16…
Summary: Brazil shipped just 1.50 MMT of soybeans this past week. That was up 300,000 MT from the previous. Prior to the release of the weekly report, US soybean exports are estimated to be 800,000 MT. Argentina shipped 37,000 MT last week. The lineup indicates that Brazil’s October shipments “could” be 8.45 MMT. Total Brazilian export…
Summary: The lineup of ships waiting or scheduled to load U.S. corn is estimated to be 364,000 MT (14 MBU). That is down 10% from the previous week. Next week’s export inspections could be 920,000 MT (36 MBU). That would be up 47% from the previous week. There were 25 vessels to-be-nominated (TBN). That’s up one from the previous week. October…
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