Beef and pork export sales up on a week in the United States

The USDA says pork and beef export sales showed improvements during the week ending October 21st. Pork sales of 29,500 tons were up more than 40% on the week with more than half of that to Mexico, while beef topped 19,000 tons, sharply higher than a week ago, mainly to South Korea and China. Soybean, corn, wheat, and cotton exports were all below the previous week’s levels as was rice, which hit a marketing year low the week after hitting a marketing year high. The USDA’s next set of supply and demand estimates is out Tuesday, November 9th.Physical shipments of soybeans were more than what’s needed to meet projections for the current marketing year. The 2021/22 marketing year got underway June 1st for wheat, August 1st for cotton and rice, September 1st for beans, corn, and sorghum, and October 1st for soybean products.Wheat came out at 269,300 tons (9.9 million bushels), down 26% from the week ending October 14th and 31% from the four-week average. Mexico purchased 140,800 tons ...