Weekly Export Sales
Soybean export sales for the 2017/18 marketing year were 252.3 TMT, up 59% from last week but 27% less than the prior 4-week average. Sales for the 2018/19 crop year totaled 613.4 TMT, lifting combined sales to 865.7 TMT. Combined sales were up 101% week over week and within analyst estimates that ranged from 300-1,000 TMT. 2017/18 export commitments are 102% of the USDA forecast with 7 weeks to go….
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