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Beef, wheat export sales fall to marketing year lows

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The USDA says wheat and beef export sales have notched marketing year lows for a second consecutive week. Both of those commodities are seeing hefty competition on the global market from other exporters due to relatively high U.S. prices and the strength of the dollar against other currencies. Soybeans, soybean meal, pork, rice, sorghum, and cotton sales for the week ending March 14th all saw week-to-week improvements, while corn fell below the previous week, but still held above the four-week average.

Beef, wheat export sales fall to marketing year lows