WEEKLY EXPORT REPORT: New-crop corn, soybean sales increase

Lower crop prices bring buyers to the U.S.

New-crop corn and soybean sales increased in the U.S. Department of Agriculture’s (USDA) export data for the week ended July 28 as a drop in prices during the month of July apparently brought buyers to the U.S.

USDA also announced a number of daily sales late in July and early August that will be added to futures weekly export reports. USDA reported August 4 that China had bought nearly 9.3 million bushels of new crop soybeans and unknown destinations bought nearly 5.1 million of n

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