Closing Chatham elevator bids

-Corn and wheat finished the day lower, and soybean futures closed mixed with little change.

-US weekly export sales were lower for all 3 commodities week over week, corn at 37.28 million bu vs 68.2 last week, soybeans at 43.13 vs. 84.98, and wheat 10.66 vs 13.9.

-Percentage of USDA's crop year estimate, corn sits at 55.9%, soybeans 75.1%, and wheat 68.5.

-Pace of all 3 are ahead of last year at this time.

-Brazil's CONAB released updated crop production estimates, soybean production was increased to 166,211 Million MT from 166,143. Corn production was reduced to 119,633 from 119,813.

Have a good night.

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