Weekly Export Sales

Soybean export sales for the 2017/18 marketing year were 301.7 TMT, down 42% from last week but 47% more than the prior 4-week average.  Sales for the 2018/19 crop year totaled 227.6 TMT, lifting combined sales to 529.3 TMT.  Combined sales were down 35% week over week but were within analyst estimates that ranged from 400-1,000 TMT. 2017/18 export commitments are 100% of the USDA forecast with 11 weeks to go…