Soybeans, in some cases, are in tight supply and impacting the crush. Strong Asian market forecast through rest of 2021.
Soybeans up noticeably from a week ago, with wheat stumbling slightly.
Financial estimate of situation is nearly $1.5 billion in lost agriculture exports.
Pork in cold storage in March was 26.8% lower than the same period last year.
Pace remains three points behind the prior five-year average.
Soybean volume also moves slightly higher, with wheat on a moderate decline.
Year-to-year comparisons difficult due to pandemic disruptions affecting markets last year.
Wholesale prices have trended downward, falling below historical averages.
February meat department dollar sales exceeded Q4 2020 and January 2021.