Grain Express 05/19/22
Posted: May 19, 2022, 7:55 a.m.
Corn (July)
Fundamentals: This morning’s weekly export sales report showed net sales of 435,300 MT for 2021/2022 were up noticeably from the previous week, but down 36 percent from the prior 4-week average. Net sales of 588,500 MT for 2022/2023
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Soybeans (July)
Fundamentals: This morning’s weekly export sales report showed net sales of 752,700 MT for 2021/2022 were up noticeably from the previous week and 65 percent from the prior 4-week average. Net sales of 149,500 MT for 2022/2023
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Wheat (July)
Fundamentals: This morning’s weekly export sales report showed net sales of 8,500 metric tons (MT) for 2021/2022--a marketing-year low--were down 40 percent from the previous week and 82 percent from the prior 4-week average. Net sales of 325,600 MT for 2022/2023
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