Export Sales

I am watching the USDA Export Sales report that will be released at 7:30 AM this morning. The trade estimates are very wide but expected to be huge. For corn, the range is 6.5 to 8 million metric tons (mmt); for soybeans, 0.6 to 2 mmt, soybean meal at 100 to 350,000 metric tons and wheat at 250,000 to 700,000 metric tons.

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