Summary: Brazil shipped 3.10 MMT of soybeans this past week (Apr 06 – only a 6-day week). That was down 578,000 MT from the previous week. US exports are estimated to be 865,000 MT. There were NO Argentine exports. The lineup indicates that Brazil’s April shipments could be 14-16 MMT. Total Brazilian export commitments are 38.70 MMT,…
Summary: This week’s soybean export inspections could be 865,000 MT (32 MBU). That would be up 73% from the previous week. This week’s US soybean ship lineup is 258,000 MT (9 MBU), down 39% from the previous week and a 40-week low. There were 20 vessels to-be-nominated (TBN), down 1 from the previous week. USDA raised their projection for…
Summary: The lineup of ships waiting or scheduled to load US corn is estimated to 381,000 MT (15 MBU). That is down 28% from the previous week. Monday’s export inspections could be 780,000 MT (31 MBU). That would be down 29% from the previous week. There were 20 vessels to-be-nominated (TBN). That’s down 1 from the previous week. April Census…
Soybean exports were down 431,000 MT from the previous week. But cumulative soybean exports are up 4.3% from a year ago. USDA projects total global soybean exports to be up 9.4% from a year ago. USDA’s March projection was raised 0.6% from the previous month. Corn exports were up 35,000 MT from the previous week. But…
Summary: US ethanol production was unchanged which was what the trade had expected. Ethanol stocks slipped 1.5%, which was more than the trade had expected. Just over 1 Bln Gals of E-15% gasoline was sold in 2022, up 26% from the prior year. The increased sales were due to waivers during the summer of 2022…
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