The USDA reports combined old and new crop soybean and soybean meal exports for the week ending May 17th were towards the low end of pre-report estimates, while corn and wheat were near the high end of what analysts were anticipating. Physical shipments of sorghum remain ahead of what’s needed weekly to meet USDA projections for the 2017/18 marketing year. The current marketing year runs through May for wheat, August for beans, corn, and sorghum, and September for soybean products.
Continue reading Cancellations hit old crop soybean export sales at Brownfield Ag News.
