“Prices ranged from $.01 to $.05 higher. Spreads were mixed and little changed. CGO May-26 held support above yesterday’s low at $5.93 ¼. Export sales at 11 mil. bu. (1 mil. – 25/26 MY, 10 – 26/27) were at the low end of expectations and brought old crop commitments to 886 mil. bu. up 14% from YA, vs. the USDA forecast of up 9%. Commitments represent 98% of the USDA forecast, above the historical average of 94%,” stated Mark Soderberg with ADM Investor Services.
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