The USDA’s weekly export inspections report will continue to be issued during the ongoing partial shutdown of the federal government, until further notice. However, there is a temporary suspension of the weekly export sales and monthly supply and demand reports. Nonetheless, USDA is reporting another generally solid week for grain and oilseed export inspections. Corn, soybeans, and wheat all saw week-to-week improvements during the week ending 16 October, with soybeans down dramatically year-over-year, however.
For corn, inspections were reported at 1,317,724 MT, up 107,688 MT than the previous week and 316,562 above a year ago. The main destinations were Mexico and Japan. Soybeans were pegged at 1,474,354 MT, an in...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
