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U.S. Export Sales Report (5-11-23)

by | May 11, 2023 | 5 Ag Stories, News

Ahead of tomorrow?s WASDE report, weekly exports once again saw low numbers. Allendale commodity broker Greg McBride provided an analysis of this week?s U.S. Export Sales Report.

McBride also said that there were both flash cancellations and flash sales this week.

With export sales still looking poor, the USDA will almost certainly be making some cuts to their expectations soon. However, McBride said they?ll likely wait until the June report to make those moves.

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.