The marketplace’s focus within the U.S. Export Sales report has shifted as we approach the end of the marketing year. Allendale commodity broker Greg McBride gave an update on the latest numbers.
McBride said the bean exports are already sentenced to a disappointing finish for the end of the marketing year, so seeing good or bad old crop sales won’t change much.
McBride added that it will likely take something like news from Brazil’s next crop to spur these markets to go any higher than they are right now.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
