New crop soybean exports grabbed the spotlight in the most recent set of sales numbers. The USDA says more than 2.6 million tons of U.S. beans were sold during the week ending July 27th for next marketing year, most of that to unknown destinations and China. Buyers are looking to secure supplies for after Brazil runs out of their exportable surplus and sometime after the start of the U.S. harvest.
Old and new crop soybean meal and oil sales were also solid, while sorghum and wheat both saw big week-to-week improvements.

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