The USDA reports corn and soybean export sales for the week ending September 13th were above most pre-report estimates, while soybean products and wheat were generally within analysts’ expectations. Physical shipments of corn for 2018/19 delivery are ahead of the 2017/18 pace.
Wheat came out at 468,400 tons (17.2 million bushels), up 21% from the week ending September 6th and 32% higher than the four-week average. The Philippines purchased 80,000 tons and Indonesia bought 70,000 tons, while unknown destinations canceled on 27,200 tons.
Continue reading Corn exports continue hot streak at Brownfield Ag News.
