Corn exports rebound slightly after slow slide
Decreases were reported for unknown destinations (102,500 MT) and the United Kingdom (7,400 MT). Net sales of 413,900 MT for 2014/2015 were reported for unknown destinations (300,900 MT), China (111,000 MT), and Japan (2,000 MT). Exports of 1,711,200 MT were primarily to China (1,029,900 MT), Germany (74,800 MT), Mexico (74,300 MT), Saudi Arabia (70,000 MT), South Korea (59,800 MT), and the United Kingdom (58,600 MT).
The soy complex set back from Wednesday’s highs on Thursday morning. A big South Korean meal purchase and an official reduction in China’s latest production estimates seemingly boosted the soy complex yesterday. January soybeans fell 8.5 cents to $13.3525/bushel Wednesday night, while January soyoil slid 0.14 cents to 40.26 cents/pound, and January soymeal sank $3.2 to $435.7/ton.
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