US: Weekly shipments of soybeans and wheat are within expectations, while corn is below expectations

Published 2023년 11월 27일

Tridge summary

The USDA's weekly grain shipment bulletin revealed lower than expected shipments of corn, but within expectations for soybeans and wheat. The total amount of soybeans shipped this season is 11% lower than last year, while corn shipments are 25% higher. Wheat shipments have decreased by 23% compared to the previous year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The USDA (United States Department of Agriculture) brought its new weekly grain shipment bulletin with numbers below expectations for corn, however, within expectations in the case of soybeans and wheat. In the week ending November 23, 1,443,385 million tons of the oilseed were shipped, while the expected range varied from 1 to 1.9 million tons. With this volume, the total already shipped this season reaches 17,452,703 million tons, 11% lower than in the same period last year. Of corn, last week, shipments were 406,680 thousand tons, against expectations of 450 thousand to 750 thousand tons. In every commercial year, American corn shipments total 7,267,785 million tons, a volume that is 25% higher than a year ago, in the same ...

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