Wheat improved from last week to 280 this week but still below the level needed at 346.

US exports on wheat could improve as we move through winter.

Soybean exports also improved nicely form last week up to 1003mmt, but we need to see this level in the October-December timeline.

Right now, we seem to be on track to reach the USDA current soybean export forecast.

Corn sales at 512 were up from last week but still below and well below the level needed at 914.

If we ae going to reach the USDA forecast, we need to be above that black lien for several weeks.

Wheat was also down sharply form last week down to 19 million bushels.

That’s the lowest going back about 6 weeks, the wheat exports were disappointing as well.

Soybeans at just 9 million bushels inspected for export this week which is very disappointing.

Down from last week, normally we would need to be seeing exports increasing very rapidly this time of year.

This week was down from a week ago, 18 million bushels this week.

We should be increasing as corn is working its way from harvest into the export pipeline.

We will see larger exports down the road, but for the moment US export inspections this week were disappointing.

Old crop soybeans are also fairly large, its unusual to get 500 thousand tons of sales this late in the year.

This created some of the confusion as to whether or not this data was correct.

It included 341 tons of sales to China which may be sales that are shipping now and being reported as exports.

Soybean export sales should end up coming in close to USDA’s export target.

320 thousand tons of corn, which is a good week of sales for old crop corn.

As we mentioned over previous weeks even though export shipments are running behind, we believe that a lot of that is due to there are large shipments to Canada by truck that are not being reported in the export inspections.

Corn exports could come in close to USDA’s totals.