Kamis, 26 Januari 2012

Strong week for corn, beef exports

USDA reports soybean export sales for the week ending January 19 were lower than expected while corn, wheat, soybean meal, and soybean oil were within pre-report estimates. Physical shipments of corn and soybeans were more than what’s needed weekly to meet USDA projections for the 2011/12 marketing year but wheat fell short of its’ mark.
Wheat came out at 604,700 tons (22.2 million bushels), up 3% from the week ending January 12 and 59% higher than the four week average. South Korea

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