Summary: If Informa’s corn estimate is too low, the median error (in years when the Informa estimate was too low) was 1.9%. Based on Informa’s estimate of 14,392 Mil Bu (INTL FCStone’s was 14,562 Mil Bu and Farm Futures was 14,360 Mil), that would equate to about 278 Mil Bu more – – or 14,670…
Summary: Next week ’s soybean export inspections are expected to be 925,000 MT (34 Mil Bu). If this is correct, that would be up 25% from the previous week’s 740,000 MT. This week’s ship lineup is 462,000 MMT. That is down from last week and the smallest in 4 months . Also, this week’s lineup is 25% less than it was a year ago. …
Summary: If Farm Futures corn estimate is too low, the median error (in years when the Farm Futures’ estimate was too low) was 2.3%. Based on Farm Futures’ estimate of 14,360 Mil Bu (INTL FCStones’s was 14,562 Mil Bu), that would equate to about 336 Mil Bu more – – or 14,696 Mil Bu. USDA’s…
Summary: Today, Egypt’s GASC purchased 240,000 MT of wheat from Russia and Romania. Last week they purchased 420,000 MT (from Russia, Ukraine, and Romania). The CIF price that Egypt paid for the wheat was $253.31/MT. That is the highest price paid in 3 and a half years. On a FOB basis, the price paid was $237.49/MT, up $17.71/MT from the…
Summary: If INTL FCStone’s corn estimate is too high, the median error (in years when the INTL FCStone estimate was too high) was 1.6%. Based on INTL FCStone’s estimate of 14,562 Mil Bu, that would equate to about 239 Mil Bu less – – or 14,323 Mil Bu. USDA’s July WASDE corn crop projection was…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
