Weekly Export Sales

Soybean export sales bounced back despite the surging U.S. dollar, 75% higher week over week, but still 16% below their prior four-week average. At 347 TMT, sales were near the upper end of analyst expectations that ranged from 0 to 425 TMT. Total export commitments are 98.7% of USDA forecast with 24 weeks to go. Leading purchasers were Bangladesh,…