TRADE SEES U.S. CORN EXPORTS UP, WHEAT/BEANS OFF
Grain traders and analysts expect lower
wheat and soybean exports and higher corn exports than a year
ago in the USDA's export inspection report today.
Corn export guesses ranged from 27.0 mln to 32.0 mln
bushels, compared with the 27.6 mln inspected last week and
20.5 mln a year ago.
Soybean export guesses ranged from 14.0 mln to 16.0 mln, up
from the 13.4 mln inspected last week but below the 25.5 mln
reported a year ago.
Wheat estimates ranged from 11.0 mln to 14.0 mln bushels,
compared with 12.0 mln reported last week and 18.3 mln a year
ago.