A mixed export sales report continued the recent trends we have seen for corn and soybean demand. Allendale commodity broker Teddy Tarvis said the corn sales were disappointing again.
On the other hand, Tarvis said the soybean sales were very strong again this week, with great sales to China.
The wheat markets tend to go more under the radar, but Tarvis said they often function as an anchor for the grain markets. Unfortunately, Tarvis said wheat sales were weak as well in this report.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
