The USDA has announced a couple of export sales, one for soybeans and the other for corn. More than 145,000 tons are headed to China for delivery during the current marketing year. More than 141,000 tons of corn are headed to unknown destinations. About two-thirds of that is scheduled for delivery during the current marketing year and the remaining third is scheduled for delivery during the 2022/2023 marketing year.
The USDA’s next set of supply and demand numbers comes out April 8th.
