Strong export sales were reported again this week by the USDA. The hope is that these sales will continue past the week of the election. Allendale commodity broker Greg McBride gave an update on the latest numbers.
Recent flash sales have actually lightened up a little bit in the beans. Corn, however, continues to see strong flash sales.
Looking ahead to tomorrow’s WASDE report, McBride said to expect minor changes to export demand.
As we get closer to changing to a new administration, McBride said other countries could keep purchasing from the U.S. in order to frontload their sales agreements.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
