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 8.3.2021

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 7.20.2021

Corn and soybean prices on the CBOT have steadied at higher levels in the last couple days, as signs of improving US crops took some steam out of recent rallies. Corn ratings were generally higher across Indiana, Illinois and Pennsylvania, while soybeans improved in Illinois, Kansas and Nebraska. If this translates into higher exports later …

Grains Market Clipps 7.7.2021

Soybean exports from Brazil fell to 255,113 Mt/d in June from 398,945 Mt/d in May. Both levels were sharply below the same periods a year earlier, with exports in June 2020 at 411,596 Mt/d. Some farmers were said to be holding back exports while awaiting higher prices, but prices have been sideways or lower since …

Grains Market Clipps 6.23.2021

Brazilian soybean loadings are 316,814 Mt/d so far this month, down from 391,891 Mt/d in May and 411,596 a year ago. Some farmers are holding back stocks, which is hampering exports and causing some crushers to import beans. Brazilian imports this month stand at 2,400 Mt/d, and are the first since February. Less than favorable …

Grains Market Clipps 6.4.2021

Chinese soybean imports in May were 305,283 Mt/d, which were up 52% from April, but down 7% from a year ago. Brazil accounted for 96% of the total, or 294,231 Mt/d, and should continue to be the largest provider until the US crop is harvested beginning in September. Argentina also provides soybeans to China, but …

Grains Market Clipps 6.2.2021

Argentinian exports of corn, wheat and soybeans fell 20,341 Mt, or 16%, in May versus to April. The drop compares to an increase of 6% in the same month a year ago. Corn accounted for the bulk of the decline, with exports falling by 33,568 Mt on the month. That was countered by an increase …