For 2019/20 through August—11 months of the market year—U.S. sugar deliveries for human use and products re-export totaled 9.48 million, down 2.7 percent from the same period last season. The top use category, bakery and cereal, is also reported down 2.7 percent YOY at [...]
As of Aug. 27, the U.S. had pre-sold 24.2 MMT of new-crop soybeans, beating the previous sales record set in 2013/14 of 23.9 MMT of 2014/15 soybeans. USDA is currently forecasting 2020/21 U.S. soybean exports at 57.8 MMT (2.125 billion bushels), a return to [...]
The U.S. imported 51.03 million single-strength-equivalent (SSE) gallons of apple juice in May, up 11 percent from April and up 19 percent from a year ago. Imports of apple juice concentrate fell sharply in March to just 32.44 million SSE gallons as supply from [...]
Another week, another record U.S. corn purchase from China. Last Thursday, China bought 1.937 million metric tons (MMT) or 76.1 million bushels of new-crop corn. This edges out the previous record of 1.762 MMT set just two weeks previously. China’s purchases of new-crop U.S. [...]
China has been active in purchasing corn from the U.S. On Friday, July 10, purchases were 1.3665 million metric tons (MMT), the second highest on record. Then last Tuesday, purchases of 1.762 MMT set a new record, eclipsing the previous record of 1.45 MMT back [...]
Friday’s WASDE report showed that USDA is expecting higher soybean ending stocks for this season, although it isn’t sure yet which use category will be the source. Crush for 2019/20 was raised 15 million bushels from the June estimate, to 2.155 billion bushels, while [...]
Soybean exports remain on pace, with healthy Chinese purchases totaling 320,038 MT during the week ending Jun. 11, about 60 percent of the purchases made during the week. As of now, the current USDA projection of 1.650 billion bushels looks attainable with the current [...]
The U.S. imported 45.8 million single-strength-equivalent gallons of apple juice during April, up 41 percent from March and up 12 percent from a year ago. Importers may have playing catchup after business with China declined sharply during China’s COVID shutdown: 65 percent of apple [...]
