Weekly Export Sales

Soybean export sales moved lower for the second consecutive week and the second time in seven weeks. Sales fell 63.5% to 117.2 TMT. Old crop sales came in as a net reduction of 10.3 TMT, due to cancellations and/or rollovers. New crop sales were 127.5 TMT. Total sales of 117.2 TMT were below analyst expectations that ranged from 150 to 300 TMT. …