The hot streak of U.S. corn sales continues.
The USDA says China bought 136,000 tons of U.S. corn, the 10th of the last 11 business days with a reported sale of U.S. corn.
The sales have been mostly to China, all for the current marketing year, for a running total of 3,000,800 tons.
U.S. corn currently has a price and supply advantage over competing exporters that’s expected to last until the harvest of Brazil’s second crop starts this summer.