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US wheat export sales hit marketing-year low, corn sales surge

Corn exports to Japan and unknown destinations show a significant increase, while wheat faces reductions.

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The U.S. Department of Agriculture's latest export sales report reveals contrasting trends in wheat and corn sales for the week ending March 13, 2025.

Wheat export sales hit a marketing-year low with net reductions of 248,800 metric tons for the 2024/2025 marketing year. This marks a significant downturn from both the previous week and the prior four-week average. Notable reductions were reported for Panama (272,900 MT), unknown destinations (123,800 MT), and Egypt (35,000 MT).

In stark contrast, corn net sales surged to 1,496,700 MT for 2024/2025, up 55% from the previous week and 45% from the four-week average. Japan led purchases with 487,700 MT, followed by South Korea with 397,200 MT.

Soybean exports showed a decline, with net sales of 352,600 MT for 2024/2025, down 53% from the previous week and 29% from the four-week average. China remained the top buyer, securing 269,900 MT.

Cotton sales also experienced a downturn, with Upland cotton net sales totaling 101,100 running bales for 2024/2025, a 63% decrease from the previous week.

In the livestock sector, beef net sales of 10,200 MT for 2025 were down 29% from the previous week, while pork sales hit a marketing-year low at 18,100 MT, down 11% week-over-week.

The report highlights several significant transactions, including:

  • 126,000 MT of corn sold to Japan for 2024/2025
  • 218,604 MT of corn sold to unknown destinations for 2024/2025
  • 195,000 MT of soybeans sold to unknown destinations for 2024/2025
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