USDA: US soybean shipments already exceed 71% accumulated from last year

USDA: US soybean shipments already exceed 71% accumulated from last year
USDA: US soybean shipments already exceed 71% accumulated from last year

The USDA (Department of Agriculture of the United States) brought its new weekly bulletin of grain shipments with corn and soybean numbers within expectations, and wheat, slightly above for the week ended on January 4.

Of soybeans, 298,252 thousand tons were shipped, against projections of 150 to 500 thousand tons. In every commercial year, the United States has shipped 54,385.688 million tons, 71% more than in the same period last year.

The country also shipped 1,912,211 million tons of corn, while the market expected between 1.1 million and 2.1 million tons. With this volume, the total amount already shipped of the cereal by the USA reaches 35,676.394 million tons, 86% more than a year ago.

The United States also shipped 594.032 thousand tons of wheat, while the market expected 300 thousand to 500 thousand tons. In every commercial year, the total already shipped reaches 20.902.559 million tons, in line with the total for the previous year.

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