Export inspections(actual shipments)
U.S. export inspections were as expected last week, though #corn was on the lower end of the range. One cargo of #soybeans was inspected for #China. #Wheat inspections are running 9% ahead of the year-ago pace.
USDA announces the sale of 260,000 tonnes of U.S. #soybeans to unknown destinations. Some 8,000 tonnes are for delivery in 2019/20, and the rest will be delivered in 2020/21.
metmike: It's the NEW CROP sales that are going thru the roof. Buyers are locking in these low prices with expectations of them getting higher and also, they must not have very high stocks.
The weakening dollar is helping to provide some attractive prices too.
OLD CROP Export sales Thursday: