Weekly Export Sales

Soybean export sales for the 2018/19 marketing year were 388.4 TMT, down 2% from last week but 16% over the prior 4-week average.  New crop sales totaled 3 TMT, lifting combined sales to 391.4 TMT. Combined sales were down 14% week over week and less than analyst estimates that ranged from 500 to 750 TMT. 2018/19 export commitments are 39% of the USDA forecast with 43 weeks to go and need…