AgResource Breaking Analysis: US Crop Export Demand Stays Troubling
The pace of new US corn, wheat and soybean export demand is unchanged and concerning. Through the week ending Oct 6th, US corn sales totaled just 8 Mil Bu, vs. 9 Mil the previous week. Sales must average 35 Mil Bu per week to meet the USDA’s 2,150 Mil Bu annual forecast. Wheat sales totaled…