Home > News > USDA Export Report Shows Old Crop Sales Lag, New Crop Corn Sales Thrive

USDA Export Report Shows Old Crop Sales Lag, New Crop Corn Sales Thrive

Posted August 6, 2021
in Top Ag News

Grain shippingAccording to a USDA report for the week ending July 29th, old crop corn (2.7 million bushels) and soybean sales were down moderately versus their prior 4-week average. Wheat sales also fared below the predicted trade volume. New crop corn (32.7 million bushels), however, exceeded total volume estimates from analysts. In total, 2020/2021 corn crop sales (2.501 billion bushels) have paced nearly 1 billion bushels ahead of prior year, a positive sign for future outlook. See more insights from the latest report.

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