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U.S. export sales were mixed during the week ending April 21st. The USDA says soybeans, wheat, and pork all bounced back last week, while corn and beef posted week-to-week declines, with all of those below average, seeing some impact from the recent rally in the dollar. A higher dollar makes U.S. goods more expensive to foreign buyers and less competitive on the export market. The USDA’s next set of supply and demand estimates is out May 12th.
Written by: Leah Jones