NEWS
Darin Newsom DTN Senior Analyst
Thu Sep 12, 2013 07:54 AM CDT

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

Weekly export sales of corn showed a total of 332,600 mt (34.8 mb), all for the 2013-2014 marketing year. This was slightly below the 355,900 mt (14.0 mb) needed this week to stay on pace with USDA's demand projection of 1.225 bb. Weekly shipments of 171,200 mt (6.7 mb) were below the 598,400 mt (13.9 mb) needed this week. This report should be viewed as neutral to ...

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