This week’s report came within the range of estimates, but, in all fairness, those ranges were quite large. Allendale commodity broker Greg McBride gave an analysis of the latest U.S. export sales.
McBride said that new crop corn exports are currently in an alright position, but soybeans still need to see more action.
Of course, there’s always room for farmers to position themselves to take advantage of any positive market activity. McBride offered some advice for Iowa producers.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
