There are few bright spots in latest USDA weekly export sales numbers, which cover the week ending May 11th. Beef exports were up modestly on the week and larger than average, with Japan, South Korea, and China leading the way, and pork was also above a week ago, with nearly half of that to Mexico. Soybean oil was also higher than the prior week, but lower than average. Old crop corn, wheat, sorghum, and rice export sales were all marketing year lows, with old crop soybeans, soybean meal, and cotton also down on the week.
