Feed Grain Agri Brokers

Soybean quantity is much greater than last year. - Feed Grain Agri Brokers

Brazilian soybean crop is late. Both on the planting side and harvesting side, therefore soybean exports will run beyond their normal time frame.
Soybean quantity is much greater than last year. Meaning, they have more soybeans to export this year compared to last. This will also extend the overall length of their soy export program.
Traditional soy export season extended three to four months. Exports traditionally ending in early September will more than likely extend thru late November or early December.
U.S. exporters concerned. With Brazilian exports extending well beyond their traditional time frame and Brazil's 2014 soybean crop set to come out of the ground just a few weeks later, the U.S. export window is shrinking.
Logistical infrastructure in Brazil limits exports. Because of limitations, both soybeans and corn can not be exported in large doses at the same time. Therefore the trade is curious in regards to just how much of either will be available to U.S. importers.
Second-crop corn in Brazil will start to be harvested next month. But with so many soybeans to export, the trade is starting to think Brazil's corn exports could be pushed to the back burner.
Corn exports in Brazil pushed back well into the early part of 2014. To what degree and magnitude remains the question. Traditionally corn exports out of Brazil would pickup as soybean exports wind down. This year that won't happen until late in 2013, hence corn exports will be extended.

Thanks & Best Regards

Pankaj Katba

(International Broker for Grains, Pulses, Rice, Oil seeds, Oils, Extractions / Feed Mill Ingredients, Sugar, Cattle Feeds & Cotton)

905, Star Plaza, Phulchhab Chowk , Rajkot 360 001 Gujarat – INDIA

Tel : +91 -281- 3065002 Fax: +91 -281- 3065002

Cell No : +91-88-6666-3400, +91-98246 -01900, +91 99251-77699

E-mail : Pankaj@FeedGrainAgri.com & FeedGrainAgri@Gmail.com

MSN : FeedGrain@Hotmail.com

Skype : FeedGrainAgri BBM PIN:26DD706F What's up: +918866663400

Total Pageviews