The USDA’s most recent export sales report shows few week-to-week improvements with minimal involvement from China at least partially because of Lunar New Year celebrations. During the week ending February 11th, beef and rice sales move higher, while corn, soybeans, sorghum, cotton, and pork declined. Still, beans, corn, and sorghum all remain on pace to meet or exceed USDA projections for the current marketing year and pork has started 2021 with solid demand, and higher prices have led to greater value for those sales.
