The USDA reports corn, pork, soybean, and wheat export sales for the week ending December 28th were all new marketing year lows.
Wheat came out at 131,000 tons (4.8 million bushels), down 72% from the week ending December 21st and 76% lower than the four week average. The Philippines purchased 59,000 tons and Mexico bought 58,800 tons, but Morocco canceled on 90,000 tons. Just about seven months into the 2017/18 marketing year, wheat exports are 715.4 million bushels, compared 769.8 million in 2016/17.
Continue reading Christmas week very slow for exports at Brownfield Ag News.
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