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Investing.com -- The U.S. Department of Agriculture (USDA) released its latest report on Thursday, indicating that export sales of American soybeans fell below analysts’ predictions for the week ending January 23.
However, sales of corn and wheat exceeded expectations.
The USDA report revealed that soybean export sales amounted to 442,500 metric tons across the 2024/25 and 2025/26 marketing years.
This figure is notably below the low end of forecasts from analysts surveyed by The Wall Street Journal, who had estimated sales to range between 450,000 tons and 1.7 million tons.
In contrast, corn sales were on the higher end of forecasts, accumulating to 1.4 million tons across both marketing years.
Similarly, wheat sales also outperformed analyst projections, totaling 480,300 tons for both years.
The data indicates a mixed performance for U.S. agricultural exports, with soybeans underperforming while corn and wheat sales exceeded analyst expectations.
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