PDF attached




announced additional sales.

sales of 132,000 metric tons of soybeans for delivery to China during the 2020/2021 marketing year;

sales of 132,000 metric tons of soybeans for delivery to unknown destinations during the 2020/2021 marketing year; and

sales of 120,000 metric tons of corn for delivery to unknown destinations during the 2020/2021 marketing year.


Sally is expected to make landfall soon across FL and AL.  Higher start to the day for the US soybean complex on follow through buying amid China demand and US crop conditions.  Grains are lower on light harvesting pressure for corn and planting progress for
US winter wheat.  US crop conditions fell 2 points for soybeans and one point for corn.  Trade was looking for unchanged for both.  USD was down 26 points earlier and WTI crude oil up about $0.53. 
palm was up again by roughly 48MYR and cash up $2.50/ton.  SGS Sep 1-15 palm oil shipments 745,565 ton, up 12.2% from previous month.  Japan seeks 104,870 tons of milling wheat.  Taiwan’s MFIG seeks corn while South Korea’s SPC seeks 38,000 tons of US and/or
Canadian wheat.  Ethiopia is in for 200,000 tons of wheat.  Turkey saw offers for 500,000 tons of wheat and Pakistan got offers for 170,000 tons of wheat.  Argentina’s coop association booked a large 883,000 tons of Argentina’s export licenses overnight, busiest
day since August 25.  China’s August pig herd was up 31% from year ago. 

temperatures will be drier and warmer this week, facilitating harvesting progress. 




and Crop Progress




Sally continues to slowly advance towards far southeastern Louisiana, southeastern Mississippi, and southwestern Alabama. The center of the storm will likely make landfall near the Mississippi and Alabama border late Tuesday or early Wednesday morning. The
system will be at least a Category 2 hurricane based on the Saffir-Simpson Scale. It may briefly become a Category 3 though (max sustained winds of at least 111 mph) before landfall occurs. Personal property damage and some crop damage will occur as a result
of the wind, storm surge, and associated flooding rainfall near and where the system makes landfall. Remnant heavy rain from the system will then be mostly limited to the southeastern states through Thursday where fieldwork delays will occur as a result. Concern
remains over open boll cotton quality in the southeastern states due to the associated heavy rain as well.

World Weather Inc. 




Ag Calendar

Sept. 15:

  • Australia’s
    Abares releases quarterly agricultural commodities report
  • Malaysia
    palm oil export data for Sept. 1-15
  • France’s
    agriculture ministry to publish crop estimates
  • World
    Agri-Tech Innovation Summit, Sept. 15-16
  • New
    Zealand global dairy trade auction
    El Salvador, Guatemala, Honduras, Nicaragua

Sept. 16:

  • EIA
    U.S. weekly ethanol inventories, production, 10:30am
  • FranceAgriMer
    supply and demand estimates
  • Future
    Food-Tech conference, Sept. 17-18
    Malaysia, Mexico

Sept. 17:

  • USDA
    weekly crop net-export sales for corn, soybeans, wheat, cotton, pork, beef, 8:30am
  • USDA
    total milk production for August, 3pm
  • Port
    of Rouen data on French grain exports
  • Biosev
    SA 1Q 2021 earnings

Sept. 18:

  • ICE
    Futures Europe weekly commitments of traders report, 1:30pm (6:30pm London)
  • CFTC
    commitments of traders weekly report on positions for various U.S. futures and options, 3:30pm
  • FranceAgriMer
    weekly update on crop conditions

Bloomberg and FI