Today's weekly export grain inspection numbers were the biggest they've been in a very long time at over 127 million bushels (more than 3.5 MMT). It was the second largest week of soybean exports ever at almost 83 million bushels (2.25 MMT). This has started to cause a stir in markets about potential problems, including:
Some vessel delays at ports, especially the Pacific Northwest (PNW) High prices (well in excess of $2,000 per car) for nearby shuttle trains Somewhat slower turn on shuttle trains
None of this should be very surprising to anyone in the trade for several reasons:
The sharply reduced wheat and corn export volume of the past two years (caused by smaller crops and sluggish export sales) resulted in BNSF Railway p...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
