Tidbits, Q&A: Synthetic SAF, Exports, Inflation, Broilers & Ethanol 1/15/26
- Wright team
- 12 hours ago
- 5 min read
Tidbits
Ag Futures will not trade Sunday night to Monday afternoon morning due to Martin Luther King Jr. Day. Grain futures will reopen Monday evening at normal times.
Exports: Yesterday morning, the USDA announced the sale of 136,000 mts of old crop corn to South Korea and 334,000 mts of old crop soybeans to China.
Chinese customs data showed they imported 8.044 million mts of beans from all sources in December 2025, up 1.2% from December 2024. Total imports in 2025 at 111.8 million mts were 6.5% higher from a year ago. Total purchases from the U.S. for the 2025/26 marketing year are believed to be between 10-11 million mts, nearing the 12 million mts total. Chinese demand will shift to South America once this level is reached as their FOB offers are roughly 60¢ below U.S. into the Spring.
Brazilian soybean exports are projected to hit nearly 4 million mts in January, says grains exporting group Anec. That will be a record for the period, about 1.3 million mts more than estimated last week and up 1.15 million from January 2024, even though farmers have just begun harvesting their 2026 crop.
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