Corn and wheat export sales disappoint, soybeans surpass expectations. January 6, 2023
Weekly export sales were released today. This covers 12/23 – 12/29 activity. In yesterday's comments we noted the 400,000 – 1,000,000 expectation by the private trade was just too high. This was a Christmas week where the five year average is only 412,781 tonnes. 319,242 tonnes of current crop corn was sold last week. That was -23% vs. the five year average. The prior four weeks averaged -33% vs. normal.
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Allendale Insider
Allendale Insider
On The Go
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Cattle futures expect another gain for cash this week.
June 6, 2023
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Corn and soybeans add premium, but cautiously
June 6, 2023
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Corn and soybeans add premium, but only cautiously.
June 6, 2023
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Cattle hope for a second week of wins.
June 5, 2023
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Condition Ratings Come In Weaker Than Expected
June 5, 2023
On The Go
June 6, 2023
June 6, 2023
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June 5, 2023
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Market Movers
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Crop Progress Gives Grains a Lift
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Grains See Improved Weather Conditions Ahead
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Exports Expected Poor, Grains Move to a Range
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Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
June 1, 2023
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Macro Selling Seen, Rain Coverage Increases
May 31, 2023
Market Movers
June 6, 2023
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Snapshots
Snapshots