date:Dec 16, 2013
The US market took its lead from the bearish USDA report, which showed a gain in global stocks, according to David Sheppard, Gleadells Managing Director.
Increased export availability in the EU, Australia and Canada threatens the potential of the US to take a bigger share of global export demand, unless the US can start to price itself into Egypt/North Africa.
Growth in US export sales this season has been due to increased buying from China and Brazil, although demand from these destinations h