Feed markets Coronavirus (COVID-19) Market Trends

US pork and grain markets hit year marketing highs

Global economic recession or even depression that is likely in the coming months is keeping the world’s meat markets in a downward spiral.

10 April 2020

5 minute read

By: Jim Wyckoff

Graph showing how US pork net sales hit 55,900 metric tons in week 15 in 2020 - a marketing-year high — The USDA on Thursday in its weekly export sales report showed US pork net sales of 55,900 metric tons (MT) reported for 2020 - a marketing-year high - were up 47 percent from the previous week and up noticeably from the prior 4-week average
© Jim Wyckoff

Graph showing US corn net export sales of 1,848,900 MT for 2019/2020 - a marketing-year high - were up 72 percent from the previous week — US corn net export sales of 1,848,900 MT for 2019/2020 - a marketing-year high - were up 72 percent from the previous week
© Jim Wyckoff

Graph showing US soybean cake and meal markets: Net sales of 193,300 MT for 2019/2020 were up 55 percent from the previous week and 23 percent from the prior 4-week average — US soybean cake and meal: Net sales of 193,300 MT for 2019/2020 were up 55 percent from the previous week and 23 percent from the prior 4-week average
© Jim Wyckoff

Jim Wyckoff

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