Overview
- USDA’s delayed export sales for the week of October 9 showed corn at 1.327 MMT, soybeans at 785,003 MT, and wheat at 613,899 MT.
- Export inspections for the week ended November 20 recorded soybean loadings at 799,042 MT, the weakest for this slot since 2006, with corn at 1.63 MMT.
- U.S. corn exports for the marketing year reached 17.483 MMT through November 20, about 72% above the same period last year.
- USDA reported a private 123,000‑MT soybean sale to China, and the agriculture secretary said a broader purchase framework could be inked as soon as this week or next.
- Cattle futures steadied on Tuesday after Monday’s limit-down collapse, trading under expanded limits following Tyson’s plan to shut its Lexington, Nebraska plant in January and move Amarillo to a single shift.