USDA DAY! (6.30.22)

Weekly Export Sales Snapshot

Corn: Net sales of 88,800 MT for 2021/2022--a marketing-year low--were down 87 percent from the previous week and 72 percent from the prior 4-week average.

Net sales of 119,300 MT for 2022/2023 were reported

Soybeans: Net sales reductions of 120,200 MT for 2021/2022--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average.

Net sales of 127,600 MT for 2022/2023

Wheat: Net sales of 496,700 metric tons (MT) for 2022/2023

Check out yesterday’s Tech Talk for the technical levels to watch!

USDA Report Estimates

Planted Acres (millions of acres)

Corn: 89.861

Soybeans: 90.446

Wheat: 47.017

Cotton: 12.3

US Grains Stocks as of June 1 (billion bushels)

Corn: 4.345

Soybeans: .954

Wheat: .655

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