The USDA reports combined old and new crop soybean and wheat export sales for the week ending May 25th were above most pre-report estimates, while corn was generally within expectations. The 2016/17 marketing year for wheat ended May 31st. The 2016/17 marketing year runs through the end of August for corn, soybeans, and sorghum, and through the end of September for soybean products.
2016/17 wheat had a net reduction of 29,000 tons (-1.1 million bushels).
Continue reading Soybean, beef export sales up on week at Brownfield Ag News.
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