Compared to last week, cash bids for soybeans and wheat were higher, corn was mixed but mostly higher, sorghum was higher.  The soy complex continued to push higher most of the week.  Given support from ongoing weather concerns in South America.  This weekend could prove some backlash to the declaration of import tariffs that occured this week.  USDA said last week’s export sales and shipments of corn totaled 69.0 million and 50.2 million bushels, respectively.  The shipments were impressive given the situation, but total 2017-18 corn shipments still show a bearish pace at 28% lower than a year ago.  USDA said last week’s export sales and shipments of soybeans totaled 31.5 million and 33.1 million bushels, respectively, another bearish combination that has total U.S. shipments down 13% from a year ago.  USDA said early Thursday that last week’s export sales and shipments of wheat totaled 7.0 million and 12.2 million bushels, respectively, a dismal combination hurt by overseas competition. Total wheat shipments are down 6% from last year’s low pace.  Wheat was 6 3/4 to 54 cents higher.  Corn was mixed from 8 1/2 cents lower to 17 1/2 cents higher.  Sorghum was 21 to 54 3/4 cents higher.  Soybeans were 20 1/2 to 28 cents higher.
Source:  USDA-MO Dept of Ag Market News Service, St Joseph, MO