USDA: mostly slow week for export sales

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USDA: mostly slow week for export sales

The USDA says China made a handful of appearances in the weekly export sales report. For the week ending August 29th, China bought 1,400 tons of U.S. pork and 1,600 tons of old crop sorghum, while cancelling on more than 150,000 tons of old crop U.S. corn and 4,600 bales of new crop upland cotton. Trade negotiations between the U.S. and China are scheduled to resume in early October.

Overall, soybean and soybean oil exports fell with most analysts’ estimates, while corn, soybean meal, and wheat were below expectations.

Continue reading USDA: mostly slow week for export sales at Brownfield Ag News.

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