Brazil’s Weekly Soybean Exports Were 543,000 MT. Final Annual Exports Could be 2+ MMT Above USDA’s Projection.

Summary: Brazil shipped 543,000 MMT of soybeans this past week (Nov 04). That was down 210,000 MT from the previous week.  Argentine exports were 344,000 MT.  US exports were 2.59 MMT. The lineup indicates that Brazil’s November shipments could be 2.39 MMT.  Total Brazilian export commitments are 75.50 MMT, the 4th  highest for this week.  In the…

No Sign Yet of an Increase in US Corn Ship Lineup. Inspections Could be Just 325,000 MT This Week.

Summary:  The lineup of ships waiting or scheduled to load US corn is 223,000 MT (6.8 MBU).  That is up 29% from the previous week.  Monday’s export inspections could be 325,000 MT (12.8 MBU).  That would be down 23% from the previous week. There were 25 vessels to-be-nominated (TBN). That’s down 4 from the previous week. +++++++++++++++++++++++++++++ As of…

A Further Decline in US Soybean Ship Lineup. Next Week’s Export Inspections Could be 2.60 MMT (96 MBU),

Summary:  The lineup of ships waiting or scheduled to load US soybeans declined further from the 7-year high set three weeks ago.  This week’s lineup is 2.98 MMT (109 MBU) down 27% from the previous week. There were 25 vessels to-be-nominated (TBN). Monday’s soybean export inspections could be 2.60 MMT (95 MBU).  That would be up 1% from…