USDA confirms rumored soybean export sales activity
From USDA-FAS:
Private Exporters Report Sales Activity for China and Unknown Destinations
WASHINGTON, May
From USDA-FAS:
WASHINGTON, May
Wheat is back to where it was trading last Friday. Corn is softer, but still holding above recent support of 330 in CZ. Beans
We all have times in our lives when we wish we could once again talk to those who have gone on before us. Personally,
For the week:
USDA FAS:
May 13, 2020–Private exporters reported to the U.S. Department of Agriculture export sales of 396,000 metric tons of soybeans for delivery to China.
Bad news of course, but apparently all the bad news was already in the market. Corn closed 4 cents/bu higher in the nearby July
Grain markets largely shrugged off hard frosts and freezes that blanketed the northern half of the US and extended as far south as central
May 7, 2020—Private exporters reported to the U.S. Department of Agriculture export sales of 686,000 metric tons of corn for delivery to China. Of
Weekly ethanol data from the EIA showed modest improvement from the recent beatings.
Corn is 51% planted vs 21% year ago & 5-year average of 39%
Soybeans are 23% planted vs 5% last year & the 5-year average