After many weeks of outstanding corn export sales, the numbers this week came in well below expectations and led to a negative close in the corn marketplace. Sam Trainor, AgMarket.Net hedging strategist, the corn exports set a marketing-year low.
However, Trainor said that one bad week does not change the fact that the corn export totals are still projected to hit the USDA’s estimates.
Trainor said the soybean markets were much less negative this week.
For more marketing information, visit agarket.net.
