@kannbwx

Export inspections for U.S. #corn and #soybeans were as expected last week, but #wheat was weaker. 275kt of corn was inspection for #China along with 96kt beans.

 Not as big of a corn total as in recent weeks, but let's compare it w/ exports in Thursday's sales report.

Replying to 

@kannbwx

Here's the updated chart. #Corn inspections have still been WAY above normal levels, and the up-and-down pattern can be seen in other strong years. This week's "lower" number really should not be concerning, unless it becomes a trend.

@kannbwx

From 12 hours ago.

USDA confirms the sale of 100,800 tonnes (4 mln bu) of U.S. #corn for delivery to unknown destinations in 2020/21. 

@kannbwx

U.S. #ethanol numbers showed improvement last week. Output reached 965KB/D but stocks dropped to 21.1MB, a 4-month low. Implied usage is inching closer to normal levels. Motor gasoline deliveries hit a six-month high last week, a sign of rising demand.

Export sales..........not so good:

https://apps.fas.usda.gov/export-sales/highlite.htm

@kannbwx

Export sales mostly came within expectations last week. #China purchased one cargo of #soybeans and another switched from unknown, but they canceled one cargo of #corn. Japan and Colombia were the top corn buyers.