Corn, soybean export sales up on week

 

The USDA reports combined old and new crop export sales of corn, soybeans, and wheat for the week ending April 26th were at the high end of pre-report estimates, while old crop soybean product sales topped most analysts’ expectations. Physical shipments of sorghum were more than what’s needed to meet USDA projections for the 2017/18 marketing year, but beans, corn, and wheat all fell short of their respective marks. The 2017/18 marketing year runs through May for wheat, August for beans, corn, and sorghum, and September for soybean products.

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