World Perspectives
feed-grains soy-oilseeds wheat

AM Outlook - New Month, New Money

GOOD MORNING, It's the start of a new month with new money flows.  The commitment-of-trader's report will be released today due to the holiday.  The funds spent Friday purchasing more grains and selling more beans.  USDA weekly export sales were released on Friday and were good across the board.  China was a buyer of 569 tmt of beans.  Bean sales totaled 1.664 mmt, above the expected, and accumulated exports to date stand at 14.490 mmt vs. 11.734 mmt year ago.  US bean shipments that had been backing up in Chinese ports due to pre-payment of tariffs before they were rebated by the gov. have reportedly been cleared up.  Products continue a consolidation phase at trading range lows, with meal losing to side...

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feed-grains soy-oilseeds wheat

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soy-oilseeds

Oilseed Highlights: Chinese Soybeans; U.S. Soy Export Sales; Little Time for U.S. Soy Sales

China’s Soybean Output Estimated at 18.1 MMT China’s Ministry of Agriculture and rural Affairs this week raised its forecast for that country’s soybean production to 18.1 MMT. USDA also used that forecast in Tuesday’s WASDE report. The USDA forecast in November was 17.1...

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