Though U.S. corn exports had an unusually strong start to the marketing year, they seem to be slowing down. USDA is projecting total corn exports will show a modest increase from 2.438 billion bushels in 2017/18 to 2.450 billion bushels in 2018/19.
Total exports for the week ending Nov. 15 were 12.5 million bushels, down 25 percent compared to the week before. However, accumulated corn exports are still up 83 percent YOY.
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