U.S. 2022/23 corn exports saw their strongest week to date during the week of Mar. 2, with over 1.05 MMT shipped. Sales were also good, at 1.41 MMT. Total commitments stood at 30.65 MMT (1.21 billion bushels). High exports during the week of Mar. [...]
Corn prices continue to fall as crop forecasts are cut and recessionary fears influence the market. Corn futures slid further this week, with the May 23 contract falling. Corn export sales were sizable last week, though this comes as USDA lowered the export estimate [...]
The March 2022/23 U.S. corn outlook is for lower exports and increased ending stocks compared to February estimates. USDA lowered exports by 75 million bushels due to the slow pace of shipments and sales. Ending stocks were raised, above expectations. The 2022/23 U.S. soybean [...]
USDA did not adjust 2022/23 corn exports in the February WASDE, contrary to expectations of market watchers tracking the weekly shipment progress. Weekly exports still lag the average level needed to hit the target, however, so we may see a reduction in the March [...]
USDA has released its agricultural projections to 2032! These baseline projections provide insight into the landscape of agricultural commodities and trade for the next ten years. The U.S. agricultural sector has been influenced by global economic and market circumstances such as inflation, supply chain [...]
The January 2022/23 U.S. corn outlook is for reduced supplies, exports, domestic use, and ending stocks compared to December estimates. USDA lowered forecast supply because of the reduction of the harvested corn area, affecting production. Domestic use declined 35 million bushels to 12 billion [...]
Out of the initial Indian export quota of 6 MMT of sugar for 2022/23, between 5.3 and 5.5 MMT had already been sold at the end of December 2022, per Hindu Business Line. In 2021/22, India exported 11.2 MMT of sugar, and expectations are [...]
Net export sales remained below 1.0 MMT during the week ending Dec. 8, and shipments fell below 600,000 MT. Total 2022/23 commitments were 20.0 MMT as of Dec. 8, about 40 percent of the season forecast, so based on that indicator, USDA may be [...]
