The USDA released another low-key export sales report this week, with both corn and soybeans coming within the estimates once again. However, this is looking great for corn, as that market has now seen five consecutive weeks of decent or better export sales. Allendale commodity broker Greg McBride gave an update on the latest numbers.
With the recent sales, McBride said there’s a chance that corn can still hit the USDA’s goals.
Unfortunately, the same cannot be said for the soybean market.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
