Weekly Export Sales

Soybean export sales for the 2017/18 marketing year were 2,129.3 TMT, up 67% from last week and 21% more than the prior 4-week average.  Sales for the 2018/19 crop year totaled 1,000 MT, lifting combined season sales at 2,130.2 TMT, which exceeded analyst expectations that ranged from 1,200 to 1,800 TMT.  Combined sales were up 67% week over week.  2017/18 export commitments are 46% of the USDA forecast with 45 weeks to go. Current…