date:Nov 20, 2012
ession but down 48 1/2 cents for the week. The market traded moderately lower on the day into the mid-session as weakness in soybeans, a strong US dollar and the slow pace of exports helped to pressure.
Weekly export sales came in about as expected at 314,600 metric tonnes which was higher than last week but still well short of a pace of 548,700 tonnes needed each week to reach the USDA projection for the year.
Cumulative wheat sales stand at 48.7 per cent of the USDA forecast for 2012/2013 (