The USDA reports cotton and rice export sales during the week ending February 2nd were marketing year highs. Cotton topped a quarter million bales with China and Turkey leading the way, both key cotton milling and textile production markets. Rice sales were more than 110,000 tons, with Colombia topping the list. Soybean product sales also saw week to week improvements, while corn, soybeans, wheat, sorghum, beef, and pork all declined. Export demand is driven by several factors including seasonal trends and currency prices.
Cotton, rice export sales hit marketing year highs
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