Grain markets experienced mixed price action throughout the week as traders digested export data and the latest WASDE figures. Corn futures benefited from robust export sales of 1.36 million metric tons, up 18% from the previous week, with Japan leading as the primary buyer. Meanwhile, Soybean futures closed the week higher despite less impressive export sales data. Wheat futures faced the most pressure, ending the week notably lower. The WASDE report held no major surprises for U.S. ending stocks, but world wheat ending stocks exceeded analyst expectations, arriving at 283.12 million metric tons against an estimate of 277.07 million.
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