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Beef export sales surge to marketing year high

By John Perkins May 2, 2024 | 11:09 AM

U.S. beef export sales hit a marketing year high during the week ending April 25th. The USDA says beef sales were up sharply from both the previous week and the four-week average, driven by solid demand from several key customers in Asia led by South Korea and Japan. Pork was also up on the week, with Mexico buying about two thirds of the total. Old crop soybean and rice sales saw week-to-week improvements, while other commodities dipped, including a net reduction for wheat.