Nutmeat exports doing all right despite trade tension

U.S. almond and walnut exports moved briskly during Q4 2018. Almond exports totaled 498.5 million pounds (shelled and in-shell basis), which was down less than 1 percent from Q4 2017’s record volume and was 26 percent higher than the five-year average for Q4. The [...]

Brazil’s corn exports held steady in December

Brazil exported 4.0 million metric tons (MMT) of corn in December, up just slightly from November and from December 2017. Sep-Dec exports totaled 14.6 MMT, down 21 percent from Sep-Dec 2017. In December, USDA projected Brazil would export 29.0 MMT of corn during 2018/19, [...]

December soybean crush up 3 percent from last year

NOPA members reported crushing over 171.7 million bushels of soybeans last month, up 3 percent from November and from December 2017. Crush was a bit higher than the industry anticipated, which was around 170 million bushels, and confirms robust domestic demand continues for soybean [...]

Tracking lower sugar production & sugar share of cane use in Brazil

In the first half of December, cane crush in Brazil’s center-south was up 21.9 percent YOY. With the sugar share—the percentage of sugarcane crushed for sugar rather than for ethanol manufacturing—for that period at just 28 percent, sugar production was only 418,000 metric tons [...]

April extends steep drop in crude corn oil exports

The U.S. exported just 9,200 MT of corn oil in April, down 80 percent from April 2017. Both crude and refined oils were down sharply, with crude export volume at just under 7,000 MT and refined volume just over 2,200 MT, down 81 percent [...]