Weekly Export Sales

Soybean export sales for the 2018/19 marketing year were 395.8 TMT, up 86% from last week but 34% below the prior 4-week average.  New crop sales totaled 60 TMT, lifting combined sales to 455.8 TMT. Combined sales were up 113% week over week and within analyst estimates that ranged from 260 to 750 TMT. 2018/19 export commitments are 38% of the USDA forecast with 44 weeks to go and need to…