WEEKLY EXPORT REPORT: Old-crop corn, soybean, wheat sales increase

New-crop soybean and wheat sales also increase.

Export sales increased for old-crop and new-crop corn, soybeans and wheat in the U.S. Department of Agriculture’s latest weekly report, with the old-crop numbers largely in line with trade forecasts, while new-crop soybean and wheat numbers were better than expected.

Old-crop soybean sales of 15 million bu. were up 7% from a week earlier and easily exceeded the pace needed to meet USDA’s annual forecast. China, German

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