Started by metmike - March 29, 2021, 5:48 p.m.
By metmike - March 29, 2021, 5:50 p.m.
Export inspections for U.S. #corn and #soybeans were as expected last week, but #wheat was weaker. 275kt of corn was inspection for #China along with 96kt beans.
Not as big of a corn total as in recent weeks, but let's compare it w/ exports in Thursday's sales report.
By metmike - March 29, 2021, 5:51 p.m.
Here's the updated chart. #Corn inspections have still been WAY above normal levels, and the up-and-down pattern can be seen in other strong years. This week's "lower" number really should not be concerning, unless it becomes a trend.
By metmike - March 30, 2021, 9:46 p.m.
From 12 hours ago.
USDA confirms the sale of 100,800 tonnes (4 mln bu) of U.S. #corn for delivery to unknown destinations in 2020/21.
By metmike - March 31, 2021, 12:20 p.m.
U.S. #ethanol numbers showed improvement last week. Output reached 965KB/D but stocks dropped to 21.1MB, a 4-month low. Implied usage is inching closer to normal levels. Motor gasoline deliveries hit a six-month high last week, a sign of rising demand.
By metmike - April 1, 2021, 12:16 p.m.
By metmike - April 1, 2021, 12:18 p.m.
Export sales mostly came within expectations last week. #China purchased one cargo of #soybeans and another switched from unknown, but they canceled one cargo of #corn. Japan and Colombia were the top corn buyers.