Another quiet week for export sales

The USDA reports soybean, soybean product, and wheat export sales for the week ending June 14th were within most pre-report expectations. The 2018/19 marketing year for wheat got underway June 1st, while 2017/18 runs through the end of August for corn, soybeans, and sorghum and the end of September for soybean products.

Wheat came out at 461,600 tons (17.0 million bushels). The Philippines purchased 137,000 tons and Japan bought 115,000 tons, while unknown destinations canceled on 13,000 tons.

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