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Export Sales of Corn, Wheat, and Soybeans Rise

The USDA says export sales were higher across the board during the week ending on October 28. 

Corn sales in those seven days totaled 1.22 million metric tons, up 37 percent over the previous week and 10 percent higher than the prior four-week average. 

Mexico was the biggest buyer at 666,300 metric tons, while Japan and Guatemala finished out the top three. 

Exports for the week totaled 748,500 metric tons, nine percent higher week-to-week. Soybean sales last week totaled 1.86 million metric tons, a 58 percent increase from the previous week and 19 percent higher than the prior four-week average. 

China once again led the way by purchasing 1.21 million metric tons, while Mexico was a distant second at 157,400 tons. 

Soybean exports rose 10 percent during the week to 2.65 million metric tons. 

Wheat sales came in at just over 400,000 metric tons, 49 percent higher than the previous week and four percent above the prior four-week average. 

Mexico was the top wheat buyer at 101,400 metric tons. Wheat exports fell 27 percent to 136,400 metric tons during the week.

(Story Courtesy of NAFB News Service)