Weekly US Soyabean, Corn and Wheat Exports Soften

Grain

US exports of soyabeans, corn and wheat eased to 3.6 Mt in the seven days ending 29 October (-0.3 Mt on the week from a four year high), data from the US Department of Agriculture (USDA) show. Nonetheless, weekly loadings have remained above 3.0 Mt/week since late September and a trend of consecutive weeks above this level was last witnessed three years ago.

Soyabean shipments inched down 0.2 Mt to 2.5 Mt in the week to 29 October, while those of corn were flat at 0.7 Mt. Wheat exports slipped to 0.3 Mt (-0.1 Mt).