Market Overview

USDA Export Sales; Soybean Futures Higher, Corn Little Changed

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The USDA reported today that Soybean weekly export sales for the current marketing year for the period ending September 8th totaled 1,018,600 tonnes. There were sales reductions for 2017-2018 of 6,500 tonnes.

Corn weekly export sales for the current year were 703,500 tonnes. Wheat export sales for the current year totaled 402,200 tonnes. There were 7,000 tonnes of reductions for 2017 to 2018.

Soymeal sales for the current year totaled 43,700 tonnes. Sales for 2016 to 2017 were 90,200 tonnes.

Soybean Oil sales for the current year totaled 21,700 tonnes.

November Soybeans are trading at 947, up 4 3/4 cents/bushel, December Corn is trading 331 3/4, unchanged on the day and December Chicago Wheat is trading at 404 3/4, up 1 3/4 cents/bushel.

Posted-In: USDA export salesFutures Commodities Markets

 

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