Market Overview

USDA Export Sales; Corn, Wheat Futures Higher

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The USDA reported today that Soybean weekly export sales for the current marketing year for the period ending August 25th totaled 107,500 tonnes. Sales for 2016 to 2017 totaled 1,476,400 tonnes.

Corn sales for this year totaled 214,100 tonnes , sales for 2016-2017 were 647,500 tonnes.

Wheat weekly export sales totaled 279,400 tonnes.

Soymeal sales for the current year totaled 12,100 tonnes. Sales for 2016 to 2017 were 69,900 tonnes.

Soybean Oil sales for the current year totaled 800 tonnes.

November Soybeans are trading at 946 3/4, up 3 3/4 cents/bushel. December Corn is trading 318, up 2 1/2 cents/bushel and December Chicago Wheat is trading at 393 1/4, up 5 cents/bushel.

Posted-In: USDA export salesFutures Commodities Markets

 

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