Sorghum export sales hit marketing year high

Sorghum export sales hit marketing year high

The USDA says the week ending February 22nd was another mixed week for U.S. export sales. Business continues to show the impact on trade from the strength of the dollar relative to other currencies, which limits U.S. competition on the global market. Sorghum hit a marketing year high, and corn, soybeans, soybean meal, wheat, rice, and pork all saw week-to-week improvements, while beef and soybean meal were below the week before. Export trade is also impacted by seasonal changes in supply, geopolitical issues, and shipping costs.

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