Weekly Export Sales

Soybean export sales dropped 67% to 224.6 TMT from the previous week but were within analyst expectations that ranged from 100 to 300 TMT.  Old crop sales fell 60% to 136.6 TMT and were 54% lower than the prior 4-week average. New crop sales were down 75% at 88 TMT. Accumulated old crop export commitments are 101% of forecast with 16 weeks to go….