Today?s export sales weren?t exactly friendly. We?ve already been struggling with export sales this year, so a bearish report is not what we wanted to see. Allendale commodity broker Greg McBride provided a breakdown of this week?s U.S. Export Sales Report.
The U.S. has been in a tug-of-war with South America for export demand, and, right now, the U.S. is losing that battle.
Later on, McBride said we could even see more cuts to the USDA?s expectations.
McBride also provided some advice for Iowa producers.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.