U.S. export sales mostly up on week

U.S. export sales mostly up on week

Export sales for many key U.S. commodities showed big improvements during the week ending January 12th. The USDA says corn topped a million tons and sorghum hit a marketing year high, while soybeans, soybean products, wheat, beef, pork, and cotton were all above the previous week’s levels. Rice was a notable exception, notching a marketing year low. Export business is driven by several factors, including seasonal demand trends and currency trade. The USDA’s next set of supply and demand estimates is out February 8th.

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