date:Jun 04, 2013
t sales came in at 85,700 tonnes for the current marketing year and 789,600 for the next marketing year for a total of 875,300.
As of May 23rd, cumulative sales stand at 91% of the USDA forecast for the current marketing year vs. a 5 year average of 92%. Sales of 123,000 tonnes are needed each week to reach the USDA forecast.
July Rice finished up 0.13 at 15.295, 0.045 off the high and 0.035 up from the low.
Soy Futures Closed Higher
July Soybeans finished up 14 1/4 at 1510, 13 off the high