Corn sales stable with recent weeks.

Weekly export sales today cover Fri 3/15 – Thu 3/21 activity.

Sales of 1,206,509 tonnes were reported. The trade estimate was 800,000 – 1,300,000. 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 -46% from average. We will note this specific week is traditionally a strong one. It then returns back to normal sales after. We have ten weeks that have run -3% with the five year average. Allendale is even with USDA's current whole-year export view.

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