Weekly Export Sales

Soybean export sales for the 2017/18 marketing year of 974.7 TMT were down 44% from last week and 37% less than the prior 4-week average.  Sales for the 2018/19 crop year totaled 81.3 TMT, lifting combined season sales to 1,056 TMT, which was within analyst estimates that ranged from 800 to 1,900 TMT.  Combined sales were down 40% week over week.  2017/18 export commitments are 67% of the USDA forecast with 36 weeks to go and need…