Weekly Export Sales

Soybean export sales for the 2016/17 marketing year totaled 1,812.7 thousand metric tons (TMT), down 10% from last week but 7% more than the prior 4-week average. New crop sales of 6.7 TMT were 398.9 TMT less than what was sold last week, bringing combined season sales to 1,819.4 TMT. Combined sales were down 24% week over week. Export sales were within analyst expectations that ranged from 1,300 to 2,000 TMT. 2016/17 export commitments are 84% of…