U.S. corn export sales hit a marketing year low during the week ending April 4th.
The USDA says that new low, just over the halfway point of the marketing year, followed a significant cancelation by unknown destinations. Corn export demand has been solid, but there’s competition from Brazil and Ukraine, especially for business with China. Soybeans, wheat, soybean oil, and pork all showed week-to-week improvements, while soybean meal, sorghum, rice, cotton, and beef fell below last week’s levels.

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