There’s been a lot of negativity in the marketplace following last week’s WASDE report, but we were able to end this week with some more friendly news from the export sales. Allendale commodity broker Greg McBride gave a breakdown on this week’s numbers.
This week’s export sales also included a purchase from China, which has been much rarer as of late.
The U.S. grain prices are also still fighting for demand with Brazilian grains, and the ground has shifted a little more in Brazil’s favor.
McBride also gave an update on how the corn and soybean sales totals are lining up with the USDA’s expectations.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
