US Gulf:
With players reporting a tight market, NOLA TSP barges moved 5.7% higher, to $465-$480/st FOB from last week’s $430-$465/st FOB.
Eastern Cornbelt:
TSP was unchanged at $500-$510/st FOB in the Eastern Cornbelt, with the low reported at Cincinnati.
Western Cornbelt:
TSP remained at $510-$520/st FOB in the Western Cornbelt, with the low reported at St. Louis.
Brazil:
TSP prices gained $20/mt at the low side to settle at a flat $445/mt CFR. Sources reported limited availability, with new offers pointing to August arrivals.
Players continued to grapple with limited availability as many sellers chose to sit out the TSP market for a second straight week. Pricing expectations were noted in the $550-$570/mt FOB Rondonópolis range, though more sales are needed to confirm the market’s direction.