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Soybeans shine in weekly export sales report

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Soybeans were the only bright spot in the latest Export Sales report from the USDA.  Sales of 364,500 MT were up noticeably on the week, and up 17 percent from the prior 4-week average.  Increases were primarily for the Netherlands, unknown destinations (which typically flips to China), Japan, Spain, and Indonesia.  There were slight reductions for Mexico. Exports of 684,000 were up 22 percent from the previous week but down 9 percent from the prior 4-week average.  

Soybeans shine in weekly export sales report