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 …
Tag Archives: wheat
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 8.3.2021
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 7.27.2021
Russian wheat exports are maintaining the generally downward trend that’s been in place since September, when they peaked at 129,157 Mt/d. The pace this month is currently 37,787 Mt/d, and down 63% from the same month a year ago. Exports typically reach a bottom in June before rebounding sharply in July, but are also down …
Grains Market Clipps 7.23.2021
Middle East and North African wheat discharges usually fall in June and July, before rebounding sharply in August. That pattern has held again this year, with 908,865 Mt offloaded so far this month. That is equal to a rate of 41,158 Mt/d, and is down from 38,870 Mt/d discharged in June. It is also slightly …
Grains Market Clipps 7.16.2021
Ukrainian wheat exports are currently on a pace of 12,983 Mt/d this month, which is down a sharp 61% from June’s 33,621 Mt/d. The decline is counter to the trend in each of the last two years, where exports rose by nearly 800%. Russian exports show a similar trend, with this month’s loadings down 61% …