Corn Exports Fall Below Weekly Expectations

Corn Exports Fall Below Weekly Expectations

 

Weekly Export Activity

Weekly soybean export sales for the 2020/21 marketing year of 15.7 thousand metric tons (TMT) were 12 percent below last week’s total and 75 percent under the four-week average of 63.1 TMT. There were 105 TMT in sales recorded for the 2021/22 crop season, lifting total sales to 120.7 TMT. Combined crop year sales were 39 percent below last week but within analyst estimates that ranged from 100 to 400 TMT. 2020/21 export commitments are 99 percent of the revised USDA forecast with 12 weeks remaining in the current crop season. Export sales are 42 percent over the 2019/20 crop year pace. Major purchases were reported for Haiti, Honduras, and Mexico.

Soybean meal sales for the 2020/21 marketing year of 136.3 TMT were 37 percent below last week and 20 percent below the prior four-week average of 170 TMT. There were 3.9 TMT in sales recorded for the 2021/22 crop season, lifting total…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Request a Free 7-Day Trial


    Please enter the level or reporting you're most interest in.
  • Hidden

    Please select the area in which you are most interested in our reporting.
    Please select all areas of secondary interest to you.

  • Must be no less than 8 characters. Including 1 number, 1 capital letter and 1 special character.
  • Hidden

*all fields required

More from the author

05.20.2021

April Renewable Fuel Consumption Slows

04.29.2021

Strong Demand from Mexico and China Lifts Soybean Exports

04.22.2021

Wheat Exports Reach 10-Week High

Blog

06.04.2021

What’s Ahead in the FOG Markets?

What’s Ahead in the FOG Markets?

Rising Tide – What’s Ahead in the FOG Markets Ryan Standard, Fastmarkets / The Jacobsen The following video is a capture from The Jacobsen Fuels & Feedstocks Virtual Conference...

05.20.2021

April Renewable Fuel Consumption Slows

April Renewable Fuel Consumption Slows

The Environmental Protection Agency (EPA) reported 1.42 billion gallons of renewable fuel was consumed during April, a four percent decline from March but 55 percent above April 2020. Renewable...

05.20.2021

The Future of Cannabinoid Hemp Markets

The Future of Cannabinoid Hemp Markets

What is the future scope and scale of cannabinoid hemp markets?  Discussions of supply and demand for cannabinoid hemp products gravitate towards comparing an existing company’s sales volume and the...

Latest Tweets

We're less than 16 days away from our Jacobsen Fuels & Feedstock conference. ... https://events.fastmarkets.com/event/f3df1451-f1c1-497d-8818-6be13ef527cc/websitePage:c527be9c-af69-48d1-a107-b3eab50abd0a?utm_campaign=oilseeds&utm_medium=social&utm_source=twitter #renewables #feedstocks #biofuels

We are excited to announce that we have acquired @thejake1865, expanding and strengthening our agriculture business and bringing new insights and capabilities to our customers. ... Learn more: http://spr.ly/6019HddQb

#FastmarketsAgriculture #agriculture #acquisition

Load More...