Summary: US ethanol production was up 2.1%. Ethanol stocks were 0.5% lower than the previous week. Gasoline consumption dropped this past week and was down 1% year-over-year. Ethanol margins slipped. Honeywell and a Iowa-based international ethanol group plan to build a 250 Mil Glns ethanol-to-sustainable-aviation fuel facility in the US Gulf Coast region . The plant is…
Summary: Last week (May 12) Brazil exported ONE vessel of corn last week. No corn was exported in the previous two weeks. Argentine exports were 459,000 MT. Shipments from Ukraine were 300,000 MT. US corn exports were 1.173 MMT. Brazil’s total corn export “commitments”, for the local marketing year, are 1.63 MMT vs 2.44 MMT last…
Summary: Brazil shipped 3.06 MMT of soybeans this past week. That was down 917,000 MMT from the previous week. US exports are estimated to be 220,000 MT. Argentine exports were 158,000 MT. The lineup indicates that Brazil’s May shipments “could be” 17.7 MMT, the largest figure for any month. Total Brazilian export commitments are 56.26 MMT, the…
Summary: This week’s soybean export inspections could be 220,000 MT (8 MBU). That would be down 44% from the previous week. This week’s US soybean ship lineup is 395,000 MT (53 MBU), up from the previous week which was a 22-month low. There were 16 vessels to-be-nominated (TBN), down 1 from the previous week. USDA left their projection for…
Summary: The lineup of ships waiting or scheduled to load US corn is estimated to 633,000 MT (25 MBU). That is up 1% from the previous week. Monday’s export inspections could be 1.185 MMT (47 MBU). That would be up 23% from the previous week. There were 16 vessels to-be-nominated (TBN). That’s down 1 from the previous week. May Census…
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