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S Illinois | Last years summary: https://www.ams.usda.gov/mnreports/wa_gr153.txt
Last year the Gulf sent 17MMT to China and the PNW sent 12.5MMT. It seems like this is a pretty normal ratio.
River freezes don't affect beans much when compared to corn. Shipment timing is earlier and a higher % of the national crop is grown south of where the river freezes. Until the supply is used up from say Keokuk south no need to run up basis. Right now the whole pipeline which is used to shipping beans as fast as possible for 3 months is facing the fact that US soy exports will be more balanced through the year as less traditional buyers seek US beans. These buyers are not under the same need for quick fall shipments as was seen when China was the dominant player. | |
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Before the Mississippi River freezes?
