The weekly USDA Export Sales report yesterday was viewed as negative for corn and soybeans, while wheat was neutral. New crop corn had another week of sales above the trade estimate. If this trend continues, then we could see new risk premium added if any weather problems arise in the US. Here are the estimates and the actual figures for the week ending April 3:
Get our daily in-depth analysis delivered directly to your inbox by 5:30 AM CST each morning, along with other services created specifically for farmers, when you become a Kluis Commodity Advisors client. Try our Kluis Commodity Advisors 30-day free trial to test it out.