NEWS
Weekly Grain Exports Mixed
Darin Newsom DTN Senior Analyst
Thu Apr 3, 2014 08:09 AM CDT

OMAHA (DTN) -- This week's export sales report should be viewed as neutral for corn, bullish for soybeans, and neutral to bearish for wheat, according to DTN Senior Analyst Darin Newsom.

Weekly export sales of corn showed a total of 998,500 mt (39.6 mb), with 960,600 mt (38.1 mb) for the 2013-2014 marketing year. Total sales of 1.627 bb are 2 mb above USDA's demand projection of 1.625 bb. Weekly shipments of 1,425,700 mt (56.1 mb) were also well above the 856,900 mt (33.3 mb) needed this week. For the marketing year, shipments are running 5% behind average pace. This ...

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