USDA reports high export hide sales for week ended August 15
Several market participants reported heavy bidding for hides on August 22. The market was optimistic about hide price improvements...
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US corn, soybean, soymeal export sales hit marketing-year lows
Corn
US corn sales for 2023/24 were reported at a marketing-year low of 119,100 tonnes in the week to August 15, down by 1% from the previous week and by 57% from the prior four-week average, landing within the USDA’s expected range of 100,000-300,000 tonnes, USDA data showed on Thursday August 22.
Much of the increase came from Japan (110,900 tonnes), South Korea (62,000 tonnes), Venezuela (31,600 tonnes), Mexico (22,600 tonnes) and El Salvador (21,400 tonnes). These gains were partly offset by reductions...
