USDA weekly export sales report expectations

Posted by Nogger - a legend in his own mind at 10:30 | Categorized as

This afternoon's USDA weekly export sales report for w/e 24 April will be closely monitored for signs whether the recent price drop in wheat has managed to stimulate some export interest. And indeed if the relative firmness in the soybean and corn markets is showing signs of rationing demand.

Trade expectations for the report due at 13.30BST are:

Wheat 250-550,000MT

Corn 600-950,000MT

Soybeans 200-450,000MT

Soymeal 100-200,000MT

Soyoil 5-15,000MT