USDA shows caution in November U.S. grain adjustments

Today’s WASDE report delivered a few modest changes to the U.S. balance sheets for wheat, corn, and soybeans, leaving ending stocks a bit higher from the October estimate for corn and soybeans and slightly lower for wheat. USDA tweaked 2022/23 wheat use for food [...]

Corn export sales see slow start to season

U.S. trade partners appear to be holding off buying 2022/23 corn: Sales were a mere 182,339 MT during the week of Sep. 15 (7.2 million bushels), well below average for the week. Outstanding sales to Japan were 854,000 MT as of Sep. 15, compared [...]

U.S weekly corn export sales at season low

For the week ending Jun. 23, U.S. weekly net export corn sales were at a season-to-date low of 88,000 MT (3.5 million bushels), bringing outstanding sales to about 9.0 MMT (354.3 million bushels). Top buyers for the week included Japan (191,900 MT), South Korea [...]

Massive sell off in commodities, including corn

Futures activity New-crop Dec-22 futures settled at 6.550 on Thursday, the lowest since Mar. 29. The December contract closed at 6.7400 per bushel on Friday, down from $7.31 per bushel a week ago and down 8 percent week over week. S&D and fundamental factors [...]

Corn export sales are low vs. least season

For the week ending Feb. 10, U.S. net weekly export sales were 820,041 MT (32.3 million bushels), down about 18 percent YOY. Outstanding sales were just under 24.2 MMT (952.7 million bushels), down 32 percent YOY. Top buyers for the week included Japan (600,200 [...]

Corn exports climb to three-week high

For the week ending Jan. 6, U.S. corn exports were a three-week high near 1.0 MMT (39.8 million bushels). Cumulative 2021/22 exports rose to nearly 15.7 MMT (616.7 million bushels), down some 6 percent YOY. Weekly corn export sales were 457,675 MT (18.0 million [...]

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