Exports+ 6-12-23 - MarketForum

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Exports+ 6-12-23

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Started by metmike - June 12, 2023, 1:46 p.m.

No doubt this is what's clobbering front month beans, while corn is having a nice weather scare rally.

U.S. #corn export inspections continue to hang at okay levels considering expectations, though #soybeans were light last week. About 3 corn cargoes to #China last week, no soy. #Wheat inspections in the first 8 days of 2023/24 were 50% lower than last year.

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Re: Exports+ 6-12-23

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By metmike - June 12, 2023, 5:27 p.m.

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Karen Braun @kannbwx

#Brazil as of Thursday had harvested 2.2% of its second #corn crop, behind the year-ago 6.6%. The second corn crop, known as safrinha, provides most of Brazil's exportable supplies. The 2023 harvest should be record large.