The USDA reports combined old and new crop corn and soybean export sales for the week ending June 8th were within most pre-report estimates. Physical shipments of soybeans were more than what’s needed to meet USDA projections for the 2016/17 marketing year and wheat shipments topped the mark for 2017/18.
Wheat came out at 373,400 tons (13.7 million bushels). Mexico purchased 121,400 tons and Nigeria bought 56,600 tons. Just after the start of the 2017/18 marketing year, wheat sales are 256.6 million bushels, compared to 239.8 million near the outset of 2016/17.
Continue reading Pork exports hit new marketing year low at Brownfield Ag News.
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