The USDA reports new crop wheat export sales for the week ending June 15th topped most pre-report estimates, while old crop corn and soybean sales were below most expectations. Physical shipments of corn and wheat were more than what’s needed to meet USDA projections for their respective marketing years. The 2017/18 marketing year for wheat started June 1st and the 2016/17 marketing year for corn, soybeans, and sorghum runs through August.
Wheat came out at 542,900 tons (19.9 million bushels).
Continue reading Big week to week jump for beef, pork exports at Brownfield Ag News.
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