The USDA/FAS released weekly export sales and shipments data for the week ending September 25. The Grains sector reacted positively. Corn prices rose to $4.3625, soybeans to $11.4150, and SRW wheat dropped to $5.3425. After the release, corn gained 4.25 cents, soybeans jumped to $11.4875, and SRW wheat rose to $5.3875.
In the latest report, wheat export shipments were at 345 mb, projecting total exports of 958 mb for 2025-2026. Soybean export shipments were at 81 mb, projecting total exports of 1.35 bb for 2025-2026. Corn export shipments were at 196 mb, projecting total exports of 4.9 bb for 2025-2026. The USDA will release the November WASDE report soon.
Read more at Yahoo Finance: What Was that Sound from the Grains Sector Thursday Morning?
