Started by metmike - Jan. 12, 2023, 12:15 p.m.
#Brazil has sold up to 300,000 tonnes of #soybeans to #Argentina so far, an unusually large amount. Argy's stocks have fallen after the govt's "soy dollar" program that encouraged sales/exports. Brazil's export data shows 657kt beans shipped to Argy in 2018 (drought year).
By metmike - Jan. 12, 2023, 12:18 p.m.
Another poor week of U.S. export sales to start 2023. Mexico bought #corn, China, Europe, Mexico bought #soybeans. A cargo of unknown #wheat was switched to China. Easily a marketing year low in #soymeal sales (was 99% below 4-week avg). Low #soyoil sales have been the norm.