Summary: Monday’s soybean export inspections could be 2.120 MMT (78 MBU). That would be up 15% from the previous week. This week’s US soybean ship lineup is estimated to be 1.735 MMT (64 MBU) down 34% from the previous week. There were 50 vessels to-be-nominated (TBN). That’s the most vessels in nearly a year. USDA left their projection for…
Summary: US ethanol production slipped 1.4%, in line with trade expectations. Ethanol stocks jumped 5%to set an 8-month high. The trade was looking for almost no change in stocks. There were no imports reported. Gasoline consumption is 13% less than a year ago. For the first time in nearly two years, gasoline prices dropped below…
Summary: Brazil shipped 504,000 MMT of soybeans this past week (Dec 09). That was up 192,000 MT from the previous week. Argentine exports were 10,000 MT. US exports were 1.84 MMT. The lineup indicates that Brazil’s December shipments could be 1.70 MMT. Total Brazilian export commitments are 77.00 MMT, the 4th highest for this week. In…
Summary: Last week (Dec 09) Brazil exported 1.87 MMT of corn. Argentine exports are estimated to be 450,000 MT. Shipments from Ukraine are estimated to be 400,000 MT. US corn exports are estimated to be 570,000 MT. Brazil’s total corn export “commitments”, for the local marketing year, are 43.00 MMT vs 18.92 MMT last year. …
Summary: The lineup of ships waiting or scheduled to load US corn is estimated to 275,000 MT (10.8 MBU). That is up 8% from the previous week. Monday’s export inspections could be 570,000 MT (22.0 MBU). That would be up 9% from the previous week. There were 25 vessels to-be-nominated (TBN). That’s up 4 from the previous week. +++++++++++++++++++++++++++++ As…
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