NEWS
Export Sales Bullish For Soy
Darin Newsom DTN Senior Analyst
Thu Jan 29, 2015 08:16 AM CST

OMAHA (DTN) -- Export sales for the week ended Jan. 22 could be considered neutral to bullish for corn, bullish for soybeans and neutral to bearish for wheat.

Weekly export sales of corn showed a total of 42.7 mb (1,084,200 mt), with 42.1 mb (1,068,200 mt) for the 2014-2015 marketing year. Old-crop sales were well above the 17.4 mb (440,800 mt) needed this week to stay on pace with USDA's demand projection of 1.75 bb. Weekly shipments of 37.1 mb (942,600 mt) were near the 37.7 mb (958,600 mt) needed this week. This report could be viewed as neutral to ...

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