Market Overview

USDA Weekly Export Sales; Soybeans, Wheat Little Higher

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The USDA reported today that Soybean weekly export sales for the current marketing year for the period ending August 4th totaled 335,000 tonnes. Sales for 2016 to 2017 totaled 2,792,200 tonnes. Corn export sales for the current year were 594,900 tonnes, sales for the next year totaled 1,015,600 tonnes.

Wheat weekly export sales totaled 607,600 tonnes. Soymeal sales for the current year totaled 47,900 tonnes. Sales for 2016 to 2017 totaled 50,400 tonnes. Soybean Oil sales for the current year totaled 11,400 tonnes. Sales for 2016 to 2017 was 1,000 tonnes.

September Soybeans are trading at 1001, up 2 1/2 cents/bushel, September Corn is trading 323, up 1/2 of a cent/bushel and September Chicago Wheat is trading at 423, up 1 1/4 of a cent/bushel.

Posted-In: USDA export salesFutures Commodities Markets

 

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