Weekly Export Sales

Soybean export sales for the 2018/19 marketing year were 439.7 TMT, down 71% from last week but 17% more than the prior 4-week average.  New crop year sales totaled 4.6 TMT, lifting combined sales to 444.3 TMT. Combined sales were down 71% week over week and below analyst estimates that ranged from 900-1,600 TMT. 2018/19 export commitments are 37% of the USDA forecast with 47 weeks to go…