Oliver Sloup breaks down the grain markets, noting weaker closes for May Corn futures and Soybean futures to end the week. Despite the softer price action, export sales were strong across the board, with soybeans and meal exceeding the top end of estimates. Sloup also previews the upcoming quarterly stocks and planting intentions report, highlighting the 94.3 million acre average estimate for corn and the historical 50/50 split on actuals versus estimates over the last decade.
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