The USDA says wheat export sales for the week ending February 28th were above most analysts’ estimates, while corn was within the anticipated range and soybeans were below expectations. The 2018/19 marketing year runs through the end of May for wheat, the end of August for beans, corn, and sorghum, and the end of September for soybean products.
Wheat came out at 621,700 tons (22.8 million bushels). Mexico purchased 156,600 tons and South Korea bought 127,500 tons, while unknown destinations canceled on 62,700 tons.
Continue reading Disappointing week for soybean export sales at Brownfield Ag News.
