NEWS
Weekly Grain Exports Largely Neutral
Thu Sep 20, 2012 07:56 AM CDT

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

Pre-report estimates for weekly corn export sales ranged from 300,000 mt (11.8 mb) to 400,000 mt (15.7 mb). The weekly report showed total export sales of 69,900 mt (2.8 mb) for 2012-2013 as compared to the 425,900 mt (16.8 mb) needed this week to stay on pace with USDA's demand projection of 1.25 bb. Weekly shipments of 740,000 mt (29.1 mb) were above the 617,700 mt (24.3 mb) needed this week. This report ...

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