Corn exports for 2019/20 at two-thirds of forecast

Corn export shipments for the week ending Jun. 4 were just over 1.24 MMT (49 million bushels), down roughly 8 percent from the week prior and but above the pace needed to reach USDA’s season forecast of 1.775 billion bushels. That 2019/20 export forecast [...]

Soybean oil export sales fall back to average

April soybean oil export sales have come down from the elevated levels we saw during the second half of March and have been closer to average. For the week of Apr. 9, net soybean oil export sales were 21,180 MT, down 15 percent from [...]

Mexico behind modest boost to corn export commitments

Mexico has booked more than a million metric tons of corn in two separate weeks this season, but even so, average weekly orders, at 340,400 MT, remained 10 percent below the same period last season. On the other hand, South Korea has yet to [...]