The USDA reports soybean export sales for the week ending September 27th were above pre-report expectations, while corn and wheat fell within most analysts’ estimates. Physical shipments of corn continue to trend ahead of the previous marketing year’s pace, but beans and wheat trail. The 2018/19 marketing year got underway June 1st for wheat, September 1st for beans, corn, and sorghum, and started October 1st for soybean products.
Wheat came out at 435,300 tons (16.0 million bushels), down 34% from the week ending September 20th and 8% lower than the four-week average.
Continue reading Solid week for soybean export sales at Brownfield Ag News.
