U.S. pork and soybean export sales dropped during the week ending October 20th. The USDA says pork sales were about half of the previous week’s total and while there was solid demand from Mexico and China, there were cancellations by Australia, Japan, and Canada. Soybean sales were down sharply on the week with good demand from China against a big cancellation by unknown destinations. Corn, sorghum, soybean product, and cotton sales also saw week-to-week declines, while wheat, rice, and beef showed at least some improvement.
