Wheat and soybean exports bounced back a little this week with decent sales, but corn numbers continue to perform poorly. Allendale commodity broker Greg McBride provided a breakdown of this week?s U.S. Export Sales Report.
McBride said there were also some good flash sales recently.
While the corn numbers are very negative, the flash sales created some optimism. McBride said we?ve seen several days of consecutive flash sales, which is what we want to see at this time of year.
McBride said that, while the soybean numbers are alleviating a little bit of stress, the corn numbers continue to provide a sense of worry.
McBride also provided some advice for Iowa producers.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
