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Old crop corn, new crop wheat export sales up on week

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Export sales for several major commodities improved during the week ending June 29th. The USDA says old crop corn, sorghum, soybean meal, and new crop wheat sales all saw solid week-to-week increases but continue to show the effects of competitors like Brazil and Russia. Beef and pork export sales were also above a week ago. Old crop soybeans, cotton, and rice were down and old crop soybean oil hit a marketing year low. Export business is driven by several factors, including seasonal demand trends and currency trade.

Old crop corn, new crop wheat export sales up on week