Posted 12/1/2016 09:28 (#5668617) Subject: Why isnt anyone talking about this week's export sales report?
NW Indiana
Corn down 55% from previous week, down 50% from 4 week avg
Soybeans down 26% from previous week, down 17% from 4 week avg
Wheat down 32% from previous week, down 16% from 4 week avg
Meal down 33% from previous week, down 46% from 4 week avg
The one bright spot: soybean oil a marketing year high
It might have been during our Thanksgiving week but I don't think the rest of the world cares. Apparently some end users think there is lower prices to come