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Trade Waiting For Tender News
CHICAGO - Sep 8/06 - SNS -- Agriculture commodity markets are finishing the week on a relatively quiet note as wheat traders await news from Iraq and Indian on recent import tenders.
Weekly export sales, released before the opening, came in at 383,400 metric tons (MT) for wheat, which was within the range of expectations but below 435,300 reported last week.
Weekly corn export sales came in 913,800 MT for the current crop and 2,200 for new crop for a total of 916,000, which was within the range of expectations.
Weekly export sales for soybeans came in at 559,800 MT for the current crop and 46,000 for new crop for a total of 605,800, which was within expectations.
Meal sales came in at 57,500 MT for the current crop and 57,500 for new crop for a total of 115,000, which was below expectations. Oil sales came in at 8600 MT for the current crop and 22,000 for new crop for a total of 30,600, which was above expectations.
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