Tidbits, U.S. Export, Trade Deal, Betting Market, Export Sales 9/6/25
- Wright team
- Sep 6
- 5 min read
Tidbits
December corn made a new high for “the move” (the uptrend since the contract low on 12 August) by a half cent yesterday at $4.24¾ and then settled at $4.18, down 1¾¢ for the day.
Flash sale: Yesterday morning, the USDA announced two sales of 2025 crop soybeans to unknown; one of 123,000 mts and the second was 204,620 mts.
U.S. Exports: The U.S. Census Bureau has the final word on all numbers including grain exports. It released its July export data.
The soybean exports were strongest for the month of July in three years at 64.3 million bushels of soybeans, up 17.44% from last year, and 16.67% more than June. The first 11 months of the marketing year soybean exports have totaled 1.798 billion bushels, an average of 162.6 million bushels per month. August soybean exports need to be 86 million bushels to reach the USDA projection for the marketing year. As of August 28, accumulated export inspections for the month were almost 68 million.
Soybean meal exports were 1.392 million mts, a record high for July, up 37.3% from last year.
Soybean oil shipments were 28,583 mts, the lowest monthly total since last November.
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