U.S. export inspections were modest last week compared with expectations, but the previous week's numbers for #corn and #soybeans were adjusted upward quite significantly. YTD soy is down 8% vs down 11% last week, and corn is down 31% vs 33% last week.
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Here's what the weekly charts now look like with the adjustment. Prior week (one ended Dec 1) was the biggest for corn since July.
USDA confirms the sale of 140,000 tonnes of U.S. #soybeans for delivery to unknown destinations in 2023/24.