New crop soybean sales were the bright spot for exports during the week ending August 19th. The USDA says 1.75 million tons of new crop U.S. soybeans were sold, mainly to China and unknown destinations, a little bit less than the previous week, but still a solid weekly total as the U.S. starts to assume seasonal control of the soybean export market. New crop corn sales were nearly 700,000 tons with Mexico leading the way, while wheat and soybean meal both notched new marketing year lows.
