U.S. grain and oilseed export sales generally showed improvements during the week ending December 22nd. The USDA says corn, soybean, wheat, soybean oil, rice, and cotton sales all moved higher, while soybean meal declined and sorghum saw a net reduction. Pork and beef sales for delivery this year were below week ago levels, but 2023 beef sales held steady and pork sales for 2023 were above 30,000 tons. Export demand is dictated by several factors including seasonal trends and currency movement.
