Cody and Logan discuss this morning's export sales report, the numbers reported and expectations are below. Planalytics released some new sea surface temperature maps today that show why South America has been experiencing a drying trend in recent weeks. Cody breaks this map down in detail and explains what this means for the US grain market.
Corn: 189k reported, 200k-450k tonnes expected
Soybeans: 978k reported, 750k-950k tonnes expected
Wheat: 647k reported, 350k-550k tonnes expected
THERE IS A SUBSTANTIAL RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.