US export sales mostly up on a week

게시됨 2021년 6월 24일

Tridge 요약

The USDA's report shows an overall increase in export sales, with notable exceptions. Old crop corn and soybeans have seen a significant rise in sales, while new crop corn and beans are experiencing slower sales as buyers wait for price drops. Beef export sales have improved, but are lower than average, and pork exports have seen a modest decrease. Wheat, rice, and soybean product sales have increased, contrasting with a 33% decrease in cotton sales. Physical shipments of corn and wheat have surpassed projections for their respective marketing years.

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원본 콘텐츠

The USDA says export sales numbers during the week ending June 17th generally improved from the previous week, but there were some exceptions. Old crop corn and soybean exports were both up noticeably from the week before, with another solid week for new crop corn against slower sales for new crop beans as buyers wait for prices to decline. Beef export sales showed a good week to week improvement, but were lower than average, while pork exports were down modestly. Wheat, rice, and soybean product sales were also higher than the week before, contrasting with cotton, which fell 33%. The USDA’s next set of supply and demand estimates is out July 12th.Physical shipments of corn and wheat were more than what’s needed to meet USDA projections for the respective marketing years. The 2021/22 marketing year for wheat started June 1st, 2021, while 2020/21 got underway August 1st, 2020 for cotton and rice, September 1st, 2020 for beans, corn, and sorghum, and October 1st for soybean ...

출처: Brownfield Ag