The latest export sales report from the U.S. Department of Agriculture reveals a complex picture for major agricultural commodities, with some products seeing gains while others face challenges in the global market.
For the week ending February 27, 2025, wheat net sales for the 2024/2025 marketing year reached 338,700 metric tons, up 26% from the previous week but down 25% from the four-week average. Mexico emerged as the top buyer, securing 91,900 metric tons.
Corn net sales rose to 909,100 metric tons, marking a 15% increase from the previous week. However, this figure represents a 32% decrease from the four-week average. Japan led purchases with 260,600 metric tons.
Soybean exports faced headwinds, with net sales of 352,900 metric tons down 14% from the previous week. China remained the primary buyer, acquiring 205,700 metric tons.
In a bright spot for the fiber sector, cotton exports reached a marketing-year high. Upland cotton exports totaled 334,000 running bales, up 25% from the previous week and 28% from the four-week average. Vietnam was the top destination, receiving 100,100 running bales.
The livestock sector showed mixed results. Beef net sales declined 27% to 13,400 metric tons, while pork sales increased 32% to 42,400 metric tons compared to the previous week.
