NEWS
Weekly Corn, Bean Export Sales Neutral
Darin Newsom DTN Senior Analyst
Thu Jul 11, 2013 07:57 AM CDT

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

Weekly export sales of corn showed a total of 1,049,800 mt (41.3 mb), with 392,000 mt (9.2 mb) for 2012-2013. Total reported sales for 2012-2013 are above USDA's demand projection of 700 mb. Weekly shipments of 265,800 mt (10.5 mb) were below the 302,900 mt (11.9 mb) needed this week. This report should be viewed as neutral given the numbers reflect last week's holiday shortened timeframe, Newsom said. Pre-report estimates for corn ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
DTN Daily Basis Comments
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
DTN's Grain Quick Takes
DTN Plains & Prairies Opening Comments
USDA Weekly Crop Progress
DTN Plains, Prairies Closing Comments
DTN Daily Feedstuffs Comments
Wheat Inspections Bullish
DTN Plains & Prairies Opening Comments