Wheat / Barley
Weekly US net export sales of 506.3KT for 2020/2021 were up 44% from the previous week and 15% from the prior 4-week average. Exports of 646.1KT were up 38% from the previous week and 15% from the prior 4-week average.
Two more cases of African swine fever (ASF) have been confirmed in wild boars in the eastern German state of Brandenburg. China and a series of other buyers banned imports of German pork in September after the first case was confirmed.
Corn / Maize
Following yesterday’s stock support, Chicago corn prices have been given a degree of further support from cold weather that’s moved into the western Corn Belt. Freeze warnings have been issued in parts of Nebraska and Minnesota, while a frost advisory will be in effect for a large chunk of the Midwest.
Weekly US net export sales of 2.027 MT for 2020/2021 were primarily for unknown destinations, although exports of 750.2KT were primarily to China (269.9KT). Oilseeds & Oil
Following the stock report, US soybeans have failed to push significantly higher today with a lack of fresh daily sales to china. Weekly net export sales of 2.591MT for 2020/2021 were primarily for China 1.329MT, with weekly exports of 1.140MT primarily to China (894KT).
Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ
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