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Corn exports “were not great but better than expected,” says Jessica Friel of CHS Hedging. Corn exports saw the third week of net cancellation export sales at -75,000 MT although not nearly as negative as some of the trade had estimated, she said.
In contrast soybeans showed a three-week high in exports lead by sales to Germany and Japan, according to USDA’s weekly Export Sales report for the week ending May 13, Barchart reported today.
