Pork exports down on week

Pork exports down on week

The USDA says pork exports during the week ending April 1st backed off sharply from the previous week’s marketing year high. Sales of 33,400 tons were down 45% on the week, with Mexico buying about two thirds of the total and China picking up just over 1,000 tons. Old crop soybean and wheat export sales were marketing year lows following cancellations by China, but new crop sales were solid, with China leading the way. Old crop cotton and soybean oil were both up sharply, while beef, corn, soybean meal, and rice declined, and sorghum had a net reduction.

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