WEEKLY EXPORT REPORT: Corn sales jump; soybeans mixed

Wheat sales in weekly report less than stellar, while crop futures have little reaction to report.

Corn export sales rose in the latest week for both old-crop and new-crop supplies and topped trade forecasts, while soybean and wheat sales in the U.S. Department of Agriculture’s weekly export report were less than stellar, with old-crop soybeans and current-year wheat missing forecasts.

The slippage in old-crop soybean business may not be critical as year-to-date sales already exceed USDA’s annualized forecast.

Old-crop corn sales totaled 26.3 million bu., and new-crop bus

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