The most recent U.S. export sales report was a continuation of the recent trends for the corn markets, but soybeans were uncharacteristically low as well. Allendale commodity broker Greg McBride said the corn sales were disappointing once again.
McBride said the export sales were disappointing for the soybeans as well.
Moving forward, McBride said the soybean markets have a couple red flags to keep an eye on.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
