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Brazil's Agriculture Ministry said on October 15 that Center-South mills made 2.86 million metric tons of sugar in the second half of September. That's down 6% from a year earlier.
The drop was 41.6% in the first half of September, when rain slowed the cane harvest. Mills crushed 38.64 million tons of cane, down 2.9%.
Broker StoneX says mills lost an average of 31 harvest days from October to December in the past decade. Watch for the possibility that mills lose closer to the 45 days StoneX models for a wet season.
hubs.li/Q04BL7Js0
The drop was 41.6% in the first half of September, when rain slowed the cane harvest. Mills crushed 38.64 million tons of cane, down 2.9%.
Broker StoneX says mills lost an average of 31 harvest days from October to December in the past decade. Watch for the possibility that mills lose closer to the 45 days StoneX models for a wet season.
hubs.li/Q04BL7Js0
U.S. exporters sold 1.12 million metric tons of corn for 2026/27 delivery in the week to October 8, per USDA data released October 16. That's up 46% from the week before.
Mexico bought 544,500 tons, nearly half the total. Japan bought 220,100 tons and South Korea 199,900.
Analysts surveyed by The Wall Street Journal expected 600,000 to 1.2 million tons. Shipments fell 15% to 1.36 million tons.
USDA updates its corn export forecast on November 10. Watch for the possibility that USDA raises it if Mexico keeps buying.
hubs.li/Q04BL80Y0
Mexico bought 544,500 tons, nearly half the total. Japan bought 220,100 tons and South Korea 199,900.
Analysts surveyed by The Wall Street Journal expected 600,000 to 1.2 million tons. Shipments fell 15% to 1.36 million tons.
USDA updates its corn export forecast on November 10. Watch for the possibility that USDA raises it if Mexico keeps buying.
hubs.li/Q04BL80Y0
