NEWS
Thu Feb 14, 2013 09:26 AM CST

OMAHA (DTN) -- The weekly export sales report was bullish for soybeans, bearish for corn and neutral for wheat, according to DTN Analyst Mary Kennedy.

Weekly export sales of corn showed a total of 217,900 metric tons (8.5 million bushels), with 225,400 mt (8.9 mb) for 2012-2013 (2013-2014 saw a reduction of 8,500 mt). This is below the 306,900 mt (12.1 mb) needed this week to stay on pace with USDA's demand projection of 900 mb. Weekly shipments of 392,300 mt (15.4 mb) were below the 491,300 mt (19.3 mb) needed this week. This report should be viewed as bearish, ...

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