Corn and Wheat Export Sales Power Higher

Author: Bob Lane

Corn and Wheat Export Sales Power Higher

 

Weekly Export Sales 

Soybean export sales for the 2019/20 marketing year of 313 thousand metric tons (TMT), were 639.2 TMT below last week's total and 46 percent below the four-week average of 583.5 TMT. New crop sales totaled 767.6 TMT, lifting total sales to 1,080.5 TMT.  Combined crop year sales were 19 percent below last week's but within analyst estimates that ranged from 700 to 1,850 TMT. 2019/20 export commitments are 103 percent of the USDA revised forecast. Export sales are five percent under...

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