USDA Reports Decline in Weekly Export Sales

U.S. corn export sales for the week ending March 20 totaled 1.04 million metric tons, down 33 percent from the previous week and 6 percent below the four-week average, according to the USDA’s weekly export sales report. No new crop corn sales were reported.  Combining old and new crop, Soybean export sales reached 360,000 metric tons, a 2 percent increase from the prior week but 27 percent below the four-week average. Wheat export sales totaled 100,000 metric tons, down 54 percent from the previous week.