USA: USDA brings weekly shipments of soybeans, corn, and wheat as expected

Published 2023년 3월 20일

Tridge summary

The USDA has reported that the US has met market expectations with its grain shipments, including 716,618 tons of soybeans, 1,188,666 million tons of corn, and 374,224 thousand tons of wheat for the week ended March 16. The total volume of soybeans shipped for the commercial year has increased from over 42 million to nearly 44 million, while corn shipments have decreased from over 27 million to just under 17.5 million tons. Wheat shipments have remained steady at just under 16.3 million tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The figures for weekly US grain shipments reported on Monday (20) by the USDA (United States Department of Agriculture) came in line with market expectations for soybeans, corn and wheat. In the week ended March 16, the country shipped 716,618 tons of soybeans, against the expected range of 350,000 to 800,000 tons. In every commercial year, the volume shipped already reaches 44,061,650 million tons, against just over 42 million in the same period last year. The US also shipped 1,188,666 million tons of corn, while market expectations ranged from 600,000 to 1,475 million tons. With that amount, the total cereal shipped by Americans reaches 17,523,428 million tons, far from the more than 27 million ...

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