CORN 🔹3.09 MMT ⬆️
SOYBEANS 🔹153 KMT 🔻
WHEAT 🔹126 KMT 🔻
Corn
A marketing year high for Corn @ 3,095,900 MT a huge jump from last week. However, export commitments are 34.0% behind a year-ago compared to 38.7% behind last week. USDA projects exports in 2022-23 at 1.850 billion bu., 25.1% below the previous marketing year.
Soybeans
Soybeans, decreased sharply compared to last week, export commitments are running 8.4% behind a year-ago, versus behind 8.0% last week. USDA projects exports in 2022-23 at 2.015 billion bu., down 6.6% from the previous marketing year.
Wheat
Wheat net sales of 125,600 metric tons (MT) for 2022/2023 were down 63 percent from the previous week and 59 percent from the prior 4-week average. Commitments are also 5.4% behind a year-ago, compared to 5.3% behind last week.
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results.
