Soybean: Weekly Export Sales

Soybean export sales were a positive 68 tmt. That’s about one cargo. But old crop is really irrelevant at this time because anything sold last week isn’t going to ship in the same week and it likely be shipping in the new crop period which began yesterday. Good news is that new crop sales were very good at 1.159 mmt of corn and 2.132 mmt of beans. So very impressive new crop sales were made last week for the new crop position.