Export Sales Report

Trade estimates for the weekly USDA export sales report are as follows (metric tons): corn is 600,000 to 1,200,000 old crop and 50,000 to 300,000 new crop; soybeans are 100,000 to 450,000 for old crop and 50,000 to 200,000 new crop. More export sales above the needed average will only help the bulls, since old crop supplies would continue to tighten.

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