US export sales for soybeans hit marketing-year low
Soybean
United States
Published Mar 3, 2023
Tridge summary
Soybean sales hit a marketing-year low and were down 14 percent from the previous week and 25 percent from the 4-week averages. Corn export sales continue with its lackluster pace as sales dropped 27 percent on the week and 48 percent compared to the prior 4-week average. Wheat sales declined 16 percent on the week, but the 4-week average is up 39 percent.
Original content
It was a less-than-stellar week for export sales as all the major commodities saw declines. Soybean sales hit a marketing-year low and were down 14 percent from the previous week and 25 percent from the 4-week averages. Corn export sales continue with its lackluster pace as sales dropped 27 percent on the week and 48 percent compared to the prior 4-week average. Wheat sales declined 16 percent on the week, but the 4-week average is up 39 percent. There were substantial declines in sales for rice and cotton. Beef sales dropped 48 percent on the week and 62 percent from the prior 4-week average and pork sales were down 40 percent ...
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