Old crop sales slid a little bit as we approach the end of the marketing year. Allendale commodity broker Greg McBride provided a breakdown of this week’s U.S. Export Sales Report.
McBride said there have been scattered flash sales, but nothing has been earth-shattering.
As we prepare to switch over to a new marketing year, McBride gave an update on the new crop sales situation.
McBride said it’ll also be important to continue to keep an eye on the price disparity between U.S. and Brazil grains, as the situation is not as black-and-white as it may seem.
The team at Allendale can be reached by calling 800-262-7538, or you can visit allendale-inc.com.
