We’re still seeing the same numbers for corn and soybean exports. Corn is looking good, while soybeans continue to struggle. Allendale commodity broker Greg McBride gave an update on the latest numbers.
Yesterday also saw China making its first purchase of new crop soybeans- but McBride said it’s just a start, and we need to see more.
McBride added that he expects to see changes made to new crop numbers in tomorrow’s WASDE report given the changes we saw from last month’s Quarterly Grain Stocks and Planted Acres Reports.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
