Solid week for beef, pork export sales

The USDA says meat export sales shot higher during the week ending February 24th. Pork sales topped 42,000 tons, an increase of nearly 60% from the previous week, led by strong demand from Mexico and China. Beef sales of almost 24,000 tons were up more than 60%, mainly to South Korea, China, and Japan. Old crop soybean sales fell 31%, but it was another solid week for new crop as buyers lock in beans due to lower South American production projections.

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