As we end off a busy week of government reports, the weekly export sales came in with plenty of activity. Allendale commodity broker Greg McBride gave a breakdown of the weekly report.
China has nearly completed its obligation to purchase U.S. soybeans, so the markets are paying close attention to see if they continue to buy from the U.S. or switch to Brazil.
McBride said there was a healthy amount of flash sales this morning as well.
McBride said a lot of the unknown sales will likely end up heading to Mexico.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
