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U.S. Export Sales Report (12-8-22)

by | Dec 8, 2022 | 5 Ag Stories, News

This week?s U.S. Export Sales Report saw some pretty great numbers, especially for soybeans. Allendale commodity broker Greg McBride said this week?s soybean sales shattered expectations, and it looks like this strength should continue.

McBride said there were also some strong flash sales this past week.

McBride said a strong report like this is the first step in seeing strong, consistent demand.

Tomorrow also marks the final WASDE report of 2022. McBride said he doesn?t expect much from the report, though, as the USDA usually saves a lot of data and changes for the new year.

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.