Corn export sales lightly positive.

Weekly export sales today cover Fri 3/22 – Thu 3/28 activity.

Sales of 947,995 tonnes were reported. The trade estimate was 800,000 – 1,400,000. USDA’s current 2.100 billion bushel goal for the year would be -2% from the five year average pace. Our year to date sales are -5% from average. To meet USDA’s goal remaining sales need to run +15% vs. the five year average. This week was +16%. We have eleven weeks that have run -2% with the five year average. Allendale is currently even with USDA's current whole-year export view. We recognize final numbers may run just below USDA hopes.

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