Weekly Export Sales

Soybean export sales for the 2017/18 marketing year were 152.7 TMT, up 14% from last week but 37% less than the prior 4-week average.  Sales for the 2018/19 crop year totaled 1,148.6 TMT, lifting combined sales to 1,301.3 TMT.  Combined sales were up 85% week over week and exceeded analyst estimates that ranged from 500-950 TMT. 2017/18 export commitments are 102% of the USDA forecast with 2 weeks to…