date:Nov 06, 2012
over the next week which could boost planting progress.
Weekly export sales for soybeans came in at 741,200 metric tonnes for the current marketing year and 19,400 for the next marketing year for a total of 760,600 which was higher than expected.
Cumulative soybean sales stand at 74.8 per cent of the USDA forecast for 2012/2013 (current) marketing year versus a 5 year average of 51.7 per cent.
Sales of just 195,000 metric tonnes are needed each week to reach the USDA forecast. Meal sales