Weekly Export Sales

Soybean export sales for the 2018/19 marketing year were 870.7 TMT, down 5% from last week but 21% more than the prior 4-week average.  New crop year sales totaled 1.5 TMT, lifting combined sales to 872.2 TMT. Combined sales were down 12% week over week and within analyst estimates that ranged from 700-1,300 TMT. 2018/19 export commitments are 34% of the USDA forecast with 49 weeks to go…