NEWS
Mon Nov 26, 2012 10:27 AM CST

OMAHA (DTN) -- USDA's weekly export inspections report should be considered bullish for soybeans and bearish for corn and wheat, according to DTN Senior Analyst Darin Newsom.

Corn weekly export inspections were bearish, Newsom said, with the reported 15.9 million bushels well below the 23.6 mb needed this week to stay on pace with USDA's demand projection of 1.15 billion bushels. Pre-report estimates ranged from 13 mb to 17 mb.

Soybean weekly export inspections were bullish, Newsom said, with the reported 45.5 million bushels well above the 20.7 mb needed this week to stay on pace with USDA's demand projection ...

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