Exports +more 6-26-23
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Started by metmike - June 26, 2023, 12:23 p.m.

Karen Braun@kannbwx

Last week's export inspections of U.S. #corn were the lowest since February and well below trade expectations. #Soybeans & #wheat were at the low end of guesses. No corn, wheat or bean cargoes inspected for #China last week.

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By metmike - June 26, 2023, 12:26 p.m.
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Karen Braun@kannbwx

#Soybeans have been twinning with 2021 lately (both below average volumes). Last week's #corn number (if it stands) is really ugly on this chart. A significant drop off from recent volumes.

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I say "if it stands" because oftentimes the inspections numbers are adjusted later with more complete data. But last week's numbers were revised lower. It's far more common to see them adjusted higher but maybe not this time of year? Would have to investigate that.

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