Weekly Export Sales

Weekly Export Sales
Week ending 9/29/16

Wheat weekly export sales were estimated to come in at 400k to 600k MT. Thursday report showed the actual at 700.7k MT, above estimates. Current yr. accumulated exports of 9,663,100 MT is ahead of last yrs. pace of 7,591,300 MT.

Corn weekly export sales were estimated to come in at 1.1Mln to 1.4Mln MT. Thursday report showed the actual at 1.3902 Mln MT, in line with estimates. Current yr. accumulated exports of 5,432,200 MT is ahead of last yrs. pace of 3,173,100 MT.

Soybean weekly export sales were estimated to come in at 1.2Mln to 1.5Mln MT. Thursday report showed the actual at 1.0269Mln MT, below estimates. Current yr. accumulated exports of 3,439,600 MT is ahead of last yrs. pace of 2,242,800 MT.

By Kevin Picknick (Registered Broker with AA Trading, Inc)
Please call with any questions or concerns regarding this communication or for opening and maintaining a hedge account. (816) 922-9643

DISCLAIMER: The risk of loss when trading futures and options is substantial. Each investor must consider whether this is a suitable investment. Past performance is not indicative of future results. View Full Disclaimer

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s