September 11, 2014
Producer Marketing Manager
The markets all look to trade lower into the USDA Sept WASDE Report, which is out at 11 am today….see average trade guesses in the tables below.
CORN: As of 7:45 – Down 2
Weekly export sales this week were at 22.2 million bushels, within trade expectations of 18-26. Early yield reports out of IL are large.
SOYBEANS: As of 7:45 – Down 3
Weekly soybean sales were on the upper end of the expected range (28-37) at 36.2 million bushels.
WHEAT: As of 7:45 – MPLS and KC Down 2
Wheat sales of 25.4 million bushels were well above guesses for the week (9-17) with decent numbers from Winter, Spring, and White.