USDA forecast for U.S. planted acres in 2019/20: #Corn at 92 million acres (89.1 mln this year) #Soybeans at 82.5 million acres (89.1 mln this year) #Wheat at 51 million acres (47.8 mln this year) Huge cut in beans... will we really lose 6-7 million acres?

Saudi Arabia bought 1.02 mln tons of #barley for Jan-feb delivery at average price $266.83/t C&F (660 kmt to Red Sea and rest to Gulf ports). Highly possible that big part of that would be sourced from #Argentina, regarding that offers for Dec are at $230 FOB+freifght $39-40/t

Private exporters report sales of 101,745 MT of #corn for delivery to Mexico during MY 2018/2019. ow.ly/25S530mv4Ke

Another 3 #panamaxes with #soybeans on board left ports of #Argentina into #Chinese destination during last week

This is a pretty big deal. #China has now revised #corn output data for the last 10 years. For 2017, they boosted the crop to 259 mmt from 215.9 mmt, on nearly 7 mln more hectares. The 2018 crop now seen at 259 mmt (ministry's last forecast was 213 mmt). agriculture.com/markets/newswi…

Hearing that #Brazil market now is "frozen", almost all #soybeans and corn already were booked, and there is no demand. So some of market players are going to have a long vacations till the new crop harvest starts

China imported 6.92 mln T of soybeans in Oct -customs That is up 18 pct from same month last year. Source: Reuters Ag News

During #China International Import Expo in Shanghai, Chinese state company #Sinograin has signed contracts on #soybean supplies from South America with 6 suppliers, including ADM, Cargill, Marubeni, Bunge en.ce.cn/Business/topne…

Brazil 🇧🇷 to raise WHEAT 🌾 imports in 2019 to 7 mln MT from 6,3 mln MT in 2018 due to crop losses says #Bunge ... Mostly from Argentina 🇦🇷 , of course.

#Algeria #wheat tender results. So French, #Argentina and Uruguay among the most possible origins.

Regarding the yesterday's Algerian tender for corn from #Argentina- rumours saying Cargill was the seller. The #corn was sought for shipment by Dec. 15

Here's the latest we know so far (updated story:) ▪️Trump: “China will be opening up. China will be getting rid of tariffs.” ▪️Trump wont raise tariff rates on Jan 1 as planned ▪️China to start purchasing agricultural products from U.S. farmers immediately reuters.com/article/us-g20…

#China is the only one destination for argentinian #soybean #shipments. Even trough only one panamax left the port during last week, we see around 10 #panamaxes to be loaded soon in line up

Around 1,5 mmt of #US #soybeans reached or woddl reach in nearest week San Lorenzo port. As for now, 4 vessels are discharging while 16 handies are staying at Mondevideo area, and 2 are on their way to #Argentina

At least one Panamax lot of #grains is already offered for #shipment ex #USG ports to #China with 2-7 January laycan dates. Even despite no sales have heard on the commodity market so far (but who knows what is hiding under "unknown destination")

As usual, #soybean export from #Argentina graph. And for now we see something around 11 #panamaxes that are still under load to that destination.

The votes are in, and more than half of the 1,000 voters still have patience for the U.S.-China trade truce to produce sales for U.S. ag. But 46% of them will be fed up by the end of this week, and nearly 80% cannot wait much past this month.

According to official data, US has sold 1.98mmt of #soybeans to #Argentina and exported 1.63 mmt. While according to port statistic around 1.8 mmt of US beans already reached the #Argentina ports or would do it in 5-7 days (3 handy-vesels)

USDA: U.S. #corn and #wheat ending stocks up slightly, #soybeans unchanged. Corn and soybean exports remain at 2.45 bln and 1.9 bln bu, respectively.

according to Reuter, #China finally back for #US #soybeans. So far we heard about the amount of 500kmt, most of that with a shipment from PNW ports. But something tellimg us they would continue purchasing