NEWS
Fri Jan 25, 2013 07:52 AM CST

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

Weekly export sales of corn showed a total of 189,300 mt (7.5 mb), with 138,500 mt (5.5 mb) for 2012-2013. This is well below the 332,400 mt (13.1 mb) needed this week to stay on pace with USDA's revised demand projection of 950 mb. Weekly shipments of 369,500 mt (14.5 mb) were below the 521,100 mt (20.5 mb) needed this week. This report should be viewed as bearish, Newsom said. Pre-report estimates ...

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