While both the corn and soybean numbers were within the range of estimates in this week’s export sales report, they were still higher than the 5-year average. Allendale commodity broker Greg McBride gave an update on the latest report from the USDA.
McBride said several factors combined to create these positive sales.
While sales are good for now, McBride said the market volatility could continue to change things up.
McBride added that the markets have their eyes in many different directions right now.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
