Weekly Export Sales

Soybean export sales for the 2016/17 marketing year totaled 1,461.7 thousand metric tons (TMT), up 4% from last week and 2.25% more than the prior 4-week average. New crop sales totaled 6 TMT, lifting combined season sales to 1,466.17 TMT, which placed total sales up 0.18% week over week; new crop sales the prior week were 66 TMT. Export sales were within analyst expectations that ranged from 800 to 1,600 TMT. 2016/17 export commitments are 77% of…