U.S. export sales were mixed during the week ending May 2nd. The USDA says old soybean product sales were up sharply on the week, at least partially in response to harvest delays and crop quality issues in Argentina, which is normally the world’s largest exporter of soybean meal and oil. Old crop corn, soybean, sorghum, and cotton also showed week-to-week improvements. Beef sales dropped back from last week’s marketing year high, with pork, rice, and old crop wheat sales also below a week ago.
