**The Jacobsen will be closed on Monday, September 4, 2023, in observance of the Labor Day holiday.**

CME grain pricing experienced a downward trend today. September corn decreased by $0.0075, falling to $4.61/bu. September wheat declined by $0.0375, dropping to $5.73/bu. September soybeans shifted down, with a decrease of $0.2125 and settling at $13.60/bu. Additionally, September soymeal prices fell by $4.30, reaching $418.70/st. Grain prices were slow to move higher due to the lack of export sales and the upcoming seasonal harvest pressure.

Weekly Export Sales – Released August 31, 2023

Weekly soybean export sales for August 24th in the 2022/23 marketing year amounted to negative 50.7 thousand metric tons (TMT). This represents a decrease of 415.6 TMT compared to last week’s total and is below the previous four-week average of 189.3 TMT. The sales for the 2023/24…