The USDA says corn, soybean, and wheat export sales for the week ending November 15th were within pre-report expectations. Physical shipments of corn remain ahead of what’s needed weekly to meet USDA projections for the 2018/19 marketing year.
Wheat came out at 330,400 tons (12.1 million bushels), down 25% from the week ending November 8th and 38% lower than the four-week average. Mexico purchased 112,700 tons and Indonesia bought 70,400 tons, while Malaysia canceled on 55,000 tons.
Continue reading Bearish week for beef, pork export sales at Brownfield Ag News.
