NEWS
Fri Dec 28, 2012 07:48 AM CST

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

Weekly export sales of corn showed a total of 104,300 mt (4.1 mb), all for 2012-2013. This is well below the 448,900 mt (17.7 mb) needed this week to stay on pace with USDA's demand projection of 1.15 bb. Weekly shipments of 286,600 mt (11.3 mb) were below the 624,900 mt (24.6 mb) needed this week. This report should be viewed as bearish, Newsom said. Pre-report estimates for corn export sales ranged ...

Quick View
  • Stay on Top of SDS The distinctive yellow patches of sudden death syndrome (SDS) are surfacing in soybean fields acr...
  • Cattle Market There may be a little less bull in this fall's calf market, but the fundamentals still spell oppo...
  • Precision Ag Potential Pending Precision agriculture proponents insist the industry can revolutionize agriculture, but first mor...
  • Cash Rent Reset - 1 With sub-$4 corn forecast for multiple years, growers need to make a preemptive strike on their 2...
  • Iowa Land Gets a Bounce Key Midwest land values are stuck in neutral or sliding below 2014 levels, recently released opin...
  • Canadian Dairy Conundrum Coping with Canada's dairy industry import tariffs and supply controls remains one of the stickin...
  • Senior Partners - 5 This fatherly financial advice is meant to prevent heartaches should the farm economy suffer anot...
  • Ask the Taxman by Andy Biebl CPA Andy Biebl answers readers' questions on depreciation recapture, defining a "true" lease and ...
  • Ask the Vet Does my calf have a hernia and is it repairable?
Related News Stories
DTN Daily Basis Comments
DTN Plains, Prairies Closing Comments
DTN's Grain Quick Takes
DTN Daily Feedstuffs Comments
DTN Plains & Prairies Opening Comments
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
Weekly Corn, Wheat Exports Bearish
DTN Plains & Prairies Opening Comments
DTN Plains, Prairies Closing Comments