February 29, 2024
By John Perkins
The USDA says the week ending February 22nd was another mixed week for U.S. export sales. Business continues to show the impact on trade from the strength of the dollar relative to other currencies, which limits U.S. competition on the global market. Sorghum hit a marketing year high, and corn, soybeans, soybean meal, wheat, rice, […]
February 8, 2024
By John Perkins
The USDA’s reporting another mixed week for U.S. export sales. The USDA says soybeans and wheat sales during the week ending February 1st were up on the week, but lower than average, with cumulative sales for both of those commodities reflecting just how much increased global competition and relatively high U.S. prices have impacted demand. […]
November 29, 2023
By Meghan Grebner
The chairman of the US Soybean Export Council says diversifying soy export opportunities is key to maintaining robust trade. Stan Born an Illinois farmer says more effort is being spent on developing markets outside of China and India. “Any place where there is a growing population, young populations, or urbanization that’s happening,” he says. “And […]
July 13, 2023
By John Perkins
Old crop U.S. corn export sales shot higher during the week ending July 6th. The USDA says the total of more than 18 million bushels of U.S. corn was up 86% from the previous week, with more than half of that to Mexico. New crop sales also topped 18 million bushels, mainly to Mexico and […]
July 7, 2023
By John Perkins
Export sales for several major commodities improved during the week ending June 29th. The USDA says old crop corn, sorghum, soybean meal, and new crop wheat sales all saw solid week-to-week increases but continue to show the effects of competitors like Brazil and Russia. Beef export sales were also above a week ago. Old crop […]
June 23, 2023
By John Perkins
U.S. meat export sales were up slightly during the week ending June 15th. The USDA says pork export sales climbed 7% with Mexico, Canada, and South Korea topping the list, while beef sales were 4% higher, mainly to China, Japan, and South Korea. Grain and oilseed export sales were generally bearish. Old crop corn, soybean, […]
June 8, 2023
By John Perkins
Cotton export sales shot sharply higher during the week ending June 1st. The USDA says sales of upland cotton hit a marketing year high at more than 480,000 bales, with most of that to China, which will primarily be used to manufacture clothing. Soybean and pork export sales also showed week-to-week improvements, while sales of […]
May 11, 2023
By John Perkins
The USDA reports the week ending May 4th was generally bearish for U.S. export sales. Wheat hit a marketing year low with Russia continuing to dominate the global market, and corn, soybean, beef, pork, rice, and soybean oil also saw significant week-to-week declines. Soybean meal and sorghum sales were up sharply on the week, while […]
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