The USDA reports old crop corn and soybean export sales for the week ending July 13th were larger than what most analysts were expecting. Physical shipments of corn and wheat were above what’s needed weekly to meet USDA projections for their respective marketing years. The 2016/17 marketing year for corn, soybeans, and sorghum runs through the end of August.
Wheat came out at 669,500 tons (24.6 million bushels), up 87% from the week ending July 6th and 52% higher than the four week average.
Continue reading Old crop corn, soybean exports up on week at Brownfield Ag News.
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