Morning Market Insight
Grain Marketing Specialist
Todays Export Numbers in Thousands of Tonnes
Corn as of 7:45- Down 2
Yesterdays ethanol numbers were 891thousand barrels vs 869 thousand barrels. If the entire Ukraine 2014 corn crop is compromised, or shipments don’t take place that US corn exports could increase by 400 million bushels in 2014-15.
Beans as of 7:45- Up 14
Beans were stronger yesterday despite continued talk of increased acres, switching of cargos purchased from Brazil to delivery in the US by Chinese buyers.
Wheat as if 7:45-MW Down 3 KC Down 2
Big day yesterday in the wheat markets on drier weather ,dust storm in Texas. Ukrainian naval base has been seized by the Russians.