NEWS
Weekly Grain Export Sales Mixed
Mary Kennedy DTN Basis Analyst
Fri Feb 15, 2013 09:56 AM CST

OMAHA (DTN) -- Thursday's weekly export sales report was bearish for corn, bullish for soybeans and neutral for wheat, according to DTN Cash Grains Analyst Mary Kennedy.

Weekly export sales of corn showed a total of 217,900 mt (8.5 mb), with 225,400 mt (8.9 mb) for 2012-2013 (2013-2014 saw a reduction of 8,500 mt). This is below the 306,900 mt (12.1 mb) needed this week to stay on pace with USDA's demand projection of 900 mb. Weekly shipments of 392,300 mt (15.4 mb) were below the 491,300 mt (19.3 mb) needed this week. This report should be viewed as bearish, ...

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