The USDA is reporting another generally down week for export sales. U.S. exports continue to face a few different headwinds, including relative strength in the dollar against some other major currencies, high prices, and competition from other exporters. Old crop corn and soybean sales for the week ending June 2nd were above average, but the overall pace for both has slowed down quite a bit over the past couple of months. New crop soybean sales were the weekly highlight, topping a half a million tons, driven by demand from Pakistan and China.
