Soybean, pork exports hit marketing year lows

Soybean, pork exports hit marketing year lows

The USDA says soybean and pork export sales totals for the week ending March 5th were marketing year lows, both following cancellations of previous purchases by China. Soybean sales were just over 300,000 tons, China canceled on more than 90,000 tons, and pork exports were 26,600 tons, with China cancelling on 45,200 tons. China was active in other areas, with cotton exports hitting a marketing year high, including more than 90,000 bales bought by Beijing, and China also purchased 175,000 tons of sorghum.