The USDA reports corn and soybean export sales for the week ending February 22nd topped most pre-report estimates, while wheat and soybean products were within analysts’ projections. Physical shipments of sorghum remain ahead of what’s needed to meet expectations for the 2017/18 marketing year. The 2017/18 marketing year runs through May for wheat, August for beans, corn, and sorghum, and September for soybean products.
Wheat came out at 191,100 tons (7.0 million bushels), down 42% from both the week ending February 15th and the four week average.
Continue reading Weekly corn, soybean exports above most expectations at Brownfield Ag News.
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