Weekly Export Sales

Soybean export sales for the 2017/18 marketing year were 2,982.7 TMT and 117% more than the prior 4-week average.  120 TMT in sales were recorded for the 2018/19 new crop year, lifting combined season sales to 3,102.7 TMT, which exceeded analyst expectations that ranged from 1,820 to 2,500 TMT.  Combined sales were up 33% week over week.  2017/18 export commitments are 36% of the USDA forecast with 49 weeks to go. Current sales are…