Olivia Liu

Winter wheat dryness has intensified, as ongoing dryness across the US High Plains has limited moisture for wheat germination and establishment. This has pushed Kansas and CBOT wheat prices higher, with the US hard red wheat carry-out expected to be at a multiyear low. As the bread basket of Ukraine, the southern region remained short […]

The USDA in October WASDE reduced Argentine old crop production by 700 tmt from Sep while reducing exports and crush, as Argentina loses competitiveness versus the US. Brazil crushers have also started  to feel the shortage of beans, despite previously loading significant meal. Despite the changes from September, the USDA estimates major origin crush to […]

The export tracker provides us a view of where we stand in terms of pace in grains exports. By comparing Clipperdata’s up-to-date tracking of commodity loadings and the USDA estimated crop year exports, it calculates the ratio that has been shipped for the current marketing year, factoring a historical average difference between crop year Clipperdata trackings […]

The USDA June acreage report was particularly bullish for corn. USDA estimated the US corn planted area at 92.0 mln acres, 5.0 below the March estimate and 3.2 below the market average estimate. This translates to approximately 822 mbu less corn production, assuming the June yield estimate and harvest ratio. This would drastically lower the […]