USA: USDA brings weekly sales of soybeans, derivatives, and corn within expectations

The new weekly sales bulletin for North American exports was reported by the USDA (United States Department of Agriculture) with numbers that were within expectations for soybeans, derivatives and corn. SOY In the week ending November 30, US soybean sales were 1,517.6 million tons, while the market expected somewhere between 1 million and 1.8 million tons. China was the main destination for American oilseeds, accounting for 565.2 thousand tons. Throughout the season, the country has already committed 32,399.8 million tons, below the same period last year, when there were more than 39 million. The USDA estimates total exports at 47.76 million. CORN Weekly corn sales, in turn, were 1,288.9 million tons, also within the range expected by traders of 725 thousand to 1.5 million tons. Japan was the main destination for American cereal. In the entire commercial year, the USA has already sold 25,743.3 million tons, surpassing the same period in the previous year, when just over 19 million ...