Research reports analyzing long-term structural and fundamental trends. Each report includes a detailed commodity outlook and in-depth analysis about a relevant topic for that week.

“We’re off to the races”! Soybean export sales exceed all expectations.

Summary: Today, 2.142 MMT of soybeans was added to US new-crop export sales.  That’s well-above the high end of the range of industry expectations.  1 MMT was sold to China with another 0.841 MMT sold to “unknown” destinations.  Pace analysis shows that export sales are sufficient to meet the USDA’s projection. ++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ The chart below…