MARKETS NEWS
Thu Jan 17, 2013 07:46 AM CST

OMAHA (DTN) -- Thursday's weekly export sales report was neutral to bearish for corn, bullish for soybeans and bearish for wheat, according to DTN Senior Analyst Darin Newsom.

Weekly export sales of corn showed a total of 393,300 mt (15.5 mb), with all for 2012-2013. This is above the 334,200 mt (13.2 mb) needed this week to stay on pace with USDA's revised demand projection of 950 mb. Weekly shipments of 246,900 mt (9.7 mb) were below the 513,000 mt (20.2 mb) needed this week. This report should be viewed as neutral to bearish, Newsom said. Pre-report estimates for corn ...

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