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The USDA’s reporting a mixed week for export sales. Soybeans, corn, and soybean meal during the week ending June 8th saw solid improvements even as sales of those commodities continue to show the effects of relatively high prices and competition, especially from Brazil. Pork was up on the week and beef was unchanged, but both were lower than average. Cotton backed off from the previous week’s marketing year high, with wheat, rice, and soybean oil also seeing week to week declines.
Written by: Leah Jones