Exports mostly quiet ahead of phase one signing

Exports mostly quiet ahead of phase one signing

China bought routine amounts of U.S. pork and soybeans ahead of the signing of phase one of the trade agreement. During the week ending January 9th, China purchased more than 200,000 tons of U.S. soybeans, along with less than 2,000 tons of U.S. pork and 400 tons of U.S. beef. Mexico was the biggest buyer of pork, South Korea was the leader on beef, and Japan was the top purchaser for corn. Soybean meal exports were a marketing year high, while rice sales notched a marketing year low for the second consecutive week.

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