Weekly Export Sales

Soybean export sales moved lower for the first time in six weeks, dropping 52% to 321.3 TMT. Sales were below analyst expectations that ranged from 350 to 800 TMT. Old crop sales were down 11% and were 37% less than the prior 4-week average. New crop sales were off by 62% at 202.5 TMT. Accumulated old crop export commitments are 102.6% of forecast with…