NEWS
Weekly Export Sales Mostly Bullish
Darin Newsom DTN Senior Analyst
Thu Jan 30, 2014 07:48 AM CST

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

Weekly export sales of corn showed a total of 1,943,600 mt (76.5 mb), with 1,837,900 mt (72.4 mb) for the 2013-2014 marketing year. This was well above the 210,500 mt (8.3 mb) needed this week to stay on pace with USDA's demand projection of 1.45 bb. Weekly shipments of 1,004,100 mt (39.5 mb) were also well above the 735,000 mt (28.9 mb) needed this week. For the marketing year, shipments ...

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