The weekly export sales report released by USDA on Thursday morning, March 12 showed strong export demand. Corn sales of 43 million bushels were well above pre-report trade estimates. Corn shipments of 42.1 million bushels were also above the pace needed to reach USDA's 1.7 billion bushel export forecast. Soybean sales of 30.8 million bushels were also well above trade expectations and were the highest sales totals on record for this week of the year dating back at least to 1990. China was once again the largest customer. New commitments were 26% above the previous 4-week average. Soybean shipments were also strong at 32.6 million bushels. The weekly export sales report was neutral for wheat. Export shipments of wheat fell within pre-report trade estimates at 13.3 million bushels of old-crop and 1.3 million of new-crop. Export shipments of 16.6 million bushels of wheat were below the pace needed to reach USDA's recently revised lower export forecast of 980 million bushels. Cotton sales of upland cotton totaled 294,500 bales, up 23% from the previous week. USDA raised their export forecast this week to 12 million bales from 11.5 million the previous week.