Research reports analyzing long-term structural and fundamental trends. Each report includes a detailed commodity outlook and in-depth analysis about a relevant topic for that week.
Summary: Today, 2.142 MMT of soybeans was added to US new-crop export sales. That’s well-above the high end of the range of industry expectations. 1 MMT was sold to China with another 0.841 MMT sold to “unknown” destinations. Pace analysis shows that export sales are sufficient to meet the USDA’s projection. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ The chart below…
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Click here to view the data G-3 soybean shipments to China this past week were 1.38 MMT, down 17% from the previous week’s 1.68 MMT and above last year. G-3 cumulative shipments to China are estimated to be 85.3 MMT. That’s a record and up 465,000 MT (0.5%) from a year ago. It’s also above…
Click here to view the data US corn export inspections could be 580,000 MT (23 MBU) next week. Ship lineup data indicates that 58% of that is destined for China (335,617 MMT – 13 MBU). Based on the pace of inspections the last two weeks, total US AUGUST corn inspections are expected to be…
Click here to view the data There’s a LOT of numbers in these tables. If you see any errors, please let me know.