The USDA reports corn and soybean export sales for the week ending October 5th were above most pre-report estimates, while wheat sales were below trade expectations. Physical shipments of soybeans were more than what’s needed to keep 2017/18 totals ahead of the 2016/17 pace. The 2017/18 marketing year for soybean products started October 1st.
Wheat came out at 175,000 tons (6.4 million bushels), down 65% from the week ending September 28th and 55% lower than the four week average.
Continue reading Soybean, corn exports top expectations at Brownfield Ag News.
Copyright © 2024 Indiana Farm Bureau®, Inc. is a member of the American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Indiana.