The USDA’s export sales report for the week ending October 7th shows a larger than average week for pork. Pork sales were 9% above that average, with Japan, Mexico, and China leading the way, while beef matched the recent pace with Japan, China, and South Korea topping the list. Both corn and soybean export sales topped a million tons for the second consecutive week and wheat sales were up sharply from the four-week average. The USDA’s next set of supply and demand estimates is out Tuesday, November 9th.
