According to USDA’s weekly export sales report, wheat sales came in at a marketing year high of 803,000 tonnes, above the previous week and the prior four-week average. Loewen and Associates President Pete Loewen called attention to the wheat sales. “Something that bears mentioning is we have the first really big wheat export sales number in a very long time with 29.5 million bushels in sales (Thursday). I can’t say enough about how good that is. We’ve got to see that continue as a trend.” Net old crop corn sales are reported at 339,000 tonnes, down 39 percent from the previous week and 26 percent below the four-week average. New crop sales are reported at 1.04 million tonnes. Old crop soybean sales are reported at 133,400 tonnes, down 68 percent from the previous week and 52 percent below the four-week average. New crop sales are reported at 572,000 tonnes.
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