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Brazilian ship bringing corn to US
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JNL
Posted 10/28/2015 18:29 (#4863254 - in reply to #4863206)
Subject: RE: Correction


The vessel the article is referring to is the Nilos. The Sinokor Sunrise is carrying Argentine grain whle the Nord Sirius is carrying more Brazilian corn. There's also a vessel in the Argentine line up to load soymeal for the US. While grain and soymeal imports from South America into the US aren't unusual during the summer when our supplies run low...they are unusual during and right after harvest. Rumors this week had 1mmts of South American grain being sold into the US for Jan forward shipment. In the big scheme not a big deal on the balance sheet but it doesn't bode well for a robust US export program.
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