The corn condition in the US that is currently rated good or excellent is 60% of the crop. That is slightly below the year-ago rating of 62%, however, ratings for corn dented and corn mature are slightly ahead of last year, at 60% and 11% respectively. Recent rains across several of the dryer portions of …
Author Archives: Tom Pawlicki
Grains Market Clipps 9.1.2021
Hurricane Ida appears to have tracked to the east of most crop growing areas in the Mississippi Delta region, and yields on corn and beans from those areas are expected to be fairly good. Getting them to market, however, may be difficult. Several grain elevators in the region are reporting damage to their infrastructure, which …
Grains Market Clipps 8.31.2021
US grain exports are typically low at this time of year already, but the passage of Hurricane Ida over southern Louisiana and the Mississippi River is limiting exports even further. Nearly 50% of the approximately 301,334 Mt of waterborne corn, wheat and soybeans loaded in the US so far this year, have originated from the …
Grains Market Clipps 8.24.2021
US wheat exports are below average so far this month, registering a daily pace of 29,770 Mt/d. That is down 49% from July, and 57% lower than the same month a year ago. Exports are 687,166 Mt on an absolute volume basis, which is down sharply from the 2.14mn Mt exported a year ago. The …
Grains Market Clipps 8.13.2021
It is still early in the month, but daily discharge rates of wheat in the Middle East and North Africa are showing seasonal strength. The region’s wheat imports are running at a pace of 66,437 Mt/d so far, which is up 93% from July. The pace for the month is down 26.8% from the same …
Grains Market Clipps 8.11.2021
Between 2018 and 2020, Russian wheat exports reached their lowest point of each year during the month of June, and were followed by strong rebounds in July and August. This year, however, a low point was reached in May at 219,069 Mt, and was followed by a rebound to 1.49mn Mt in June. The rebound …
Grains Market Clipps 8.10.2021
Ukrainian wheat loadings usually begin to pick up in July. Although this year is following that pattern, loadings have been slightly below normal. July wheat loadings rose 25% compared to June to reach 1.33mn Mt, but were 26.5% below July last year. This month’s loadings total 1.12mn Mt, with two-thirds of the month left to …
Grains Market Clipps 8.10.2021
Soybean meal exports from Argentina fell 5.6% in July from June, to reach 2.33mn Mt. June had advanced to the highest so far this year at 2.47mn Mt, and surpassed the June 2020 peak at 2.46mn Mt. The highest on our records was reached in July 2019 at 2.89mn Mt. Argentina’s agricultural loadings were weighed …
Grains Market Clipps 8.3.2021
Argentina’s grain exports made a respectable showing in July, despite environmental issues faced by growers and shippers. There were 3.29mn Mt of corn loaded during the month, which was down 8.4% from a year ago. Wheat exports rose 129% to 501,711 Mt, while Soybean loadings declined 24% to 707,844 Mt. Combined loadings of all three …
Grains Market Clipps 8.3.2021
Final data on Brazil’s corn exports in July show a small acceleration at month-end, but still a weak showing compared to prior years. They totaled 1,222,763 Mt, or a daily rate of 39,446 Mt/d. That compares to figures a year ago of 3,731,785 Mt, or 120,382 Mt/d. As expected, the impact from the late planting …