We saw a little bit of rebound for corn in this week’s Export Sales Report. Greg McBride of Allendale tells us what the numbers mean, and how soybeans still are underperforming. However, he still calls this a neutral report.
Mexico accounted for most of our sales, but no flash sales were announced this week.
McBride adds that USDA shouldn’t have to change corn numbers for the upcoming WASDE report, but the story isn’t the same for soybeans.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.