Summary: For the period Oct 27-Nov 01, the ship lineup shows that Brazil exported 611,000 MT corn. That is 30,000 MT more than the previous week but 150,000 MT LESS than what was shipped a year ago. For comparison, US export inspections were 1,254,000 MT. Brazil’s ship lineup shows that 3.33 MMT are expected to ship in Nov. …
Summary: Brazil shipped 1,119,000 MT of soybeans last week. That’s up from the previous week’s 596,000 MT and it is well above a year ago. US export inspections were 1,229,000 MT. Brazil’s export “commitments” rose to 79.59 MMT. This is a record for this date. In the Oct WASDE, the USDA left their projection for Brazil’s exports unchanged…
Summary: Next week ’s soybean export inspections are expected to be 1,875,000 MT (68.9 Mil Bu). If this is correct, that would be up 44% from the previous week’s and the largest since mid-Nov of 2017. This week’s ship lineup is 1.768 MMT. That is down 12% from last week. This week’s lineup is 50% smaller than a year ago. There were 10 vessels to-be-nominated (TBN). That is less…
Summary: In their Oct WASDE, the USDA left their projection for EU wheat exports unchanged at 23.0 MMT (vs 23.29 MMT last year). In recent years, the EU has been the world’s second largest wheat exporter. In 2014/15, the EU exported a record 35.5 MMT. This year, the Former Soviet Union (FSU) is projected to…
Summary: Only one month into the international marketing year (Oct-Sep), the pace of EU corn imports exceed the pace needed to meet the USDA’s projection of 19.5 MMT, the highest in 37 years. As of Nov 01, cumulative EU corn imports are estimated to be 2.0 MMT. That is 10.3% of the USDA’s projection. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ Last…
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