Compared to last week, cash bids for wheat, corn, and sorghum were mixed, while soybeans were higher. Trade has been focused this week on the upcoming G20 meetings that begin this weekend. USDA said last week’s corn export sales and shipments totaled 49.9 million and 41.5 million bushels, respectively, putting total shipments up 81 percent in 2018-19 from a year ago and total export commitments up 16 percent from a year ago. Last week’s export sales and shipments of wheat totaled 13.9 million and 9.2 million bushels, respectively, putting wheat shipments down 18 percent from a year ago. Soybean sales totaled 23.1 million. Wheat was from 5 1/2 cents lower to 26 cents higher. Corn was from 17 1/2 cents lower to 5 1/2 cents higher. Sorghum was from three cents lower to 11 cents higher. Soybeans were 4 1/4 to 21 1/4 cents higher.
Source: USDA-MO Dept of Ag Market News Service, St Joseph, Mo.