Weekly Export Sales

Soybean export sales for the 2017/18 marketing year were 538.1 TMT, up 113% from last week and 52% more than the prior 4-week average.  Sales for the 2018/19 crop year totaled 963.8 TMT, lifting combined sales to 1,501.9 TMT.  Combined sales were up 73% week over week and handily exceeded analyst estimates that ranged from 400 – 900 TMT. 2017/18 export commitments are 103% of the USDA…