Total grain market price shifts this week:
- Corn - +1.5%
- Soybeans - +3.9%
- SRW - +2%
- HRW - +5.5%
- Spring wheat - +0.2%
Export sales reported this week include:
- 4.6 million bushels of corn for delivery to Japan.
- 28,000 metric tons of soybean oil for delivery to South Korea.
- 4.8 million bushels of corn for delivery to unknown destinations
- 11.5 million bushels of soybeans for delivery to unknown destinations. 7.3 is for delivery during the 2017-18 marketing year and 4.3 is for delivery during the 2018-19 marketing year.
Also there was a cancellation of export sales of 16.7 million bushels of soybeans for delivery to China during the 2017-18 marketing year.
Next week, Ben will be reporting from the USDA Ag Outlook Forum.