NEWS
Darin Newsom DTN Senior Analyst
Thu May 2, 2013 07:46 AM CDT

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

Weekly export sales of corn showed a total of 985,300 mt (38.8 mb), with 329,300 mt (13 mb) for 2012-2013. The 2012-13 number is above the 205,300 mt (8.1 mb) needed this week to stay on pace with USDA's 2012-2013 demand projection of 800 mb. Weekly shipments of 403,800 mt (15.9 mb) were below the 431,800 mt (17 mb) needed this week. This report should be viewed ...

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