
The latest U.S. Department of Agriculture (USDA) Export Sales Report for the period of January 3-9, 2025, reveals a varied landscape across agricultural commodities. Key highlights include:
Wheat exports surge:
- Net sales of 513,400 metric tons (MT) for 2024/2025, up 55% from the prior 4-week average
- Major buyers: South Korea (131,800 MT), Taiwan (114,700 MT), and Mexico (43,400 MT)
Corn sales rebound:
- Net sales of 1,024,200 MT for 2024/2025, up significantly from the previous week
- Japan leads purchases with 281,300 MT, followed by South Korea (281,200 MT) and Mexico (234,400 MT)
- Exports hit a marketing-year high of 1,484,300 MT
Soybean meal hits low point:
- Net sales of 144,400 MT for 2024/2025 mark a marketing-year low
- Down 42% from the prior 4-week average
- Morocco emerges as top buyer with 33,900 MT
Cotton sales strengthen:
- Upland cotton net sales of 316,200 running bales (RB) for 2024/2025, up 71% from the prior 4-week average
- Turkey leads purchases with 102,100 RB, followed by Vietnam (79,400 RB)
Livestock sector shows promise:
- Beef net sales of 9,700 MT for 2025, with Japan (3,600 MT) and China (3,500 MT) as top buyers
- Pork net sales reach 30,300 MT for 2025, led by Mexico (11,700 MT) and South Korea (5,000 MT)