Weekly Export Sales

Soybean export sales for the 2016/17 marketing year totaled 1,001.8 thousand metric tons (TMT), down 60% from last week and 50% less than the prior 4-week average. This is the first time in the past 4 weeks that export sales have fallen below the 2 million MT mark.  New crop sales totaled 102 TMT, lifting combined season sales to 1,103.8 TMT, which was down 57% week over week. Export sales fell below analyst expectations that ranged from…