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Old crop soybean export sales up sharply on week

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U.S. export sales were mixed during the week ending June 6th. The USDA says old crop soybean sales were up sharply thanks to renewed interest from China, but new crop sales remain to slow because of relatively high U.S. prices and a big crop in Brazil. Old crop corn, soybean meal, sorghum, rice, and cotton also saw week-to-week improvements. Beef export sales dipped from the previous week, while pork was nearly unchanged. The USDA’s next round of supply and demand estimates is out July 12th.

Old crop soybean export sales up sharply on week

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