Pork, soybean oil export sales up on week

Export sales for most major commodities declined during the week ending May 19th, but there were a couple of bright spots. U.S. exports continue to face several difficulties on the global market, including relative strength in the dollar against other currencies, which makes U.S. goods more expensive. Pork, rice, and soybean oil sales all saw solid week-to-week improvements, while old crop corn and wheat hit marketing year lows, sorghum had a net reduction, and soybeans, soybean meal, cotton, and beef were below a week ago.

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