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US wheat exports rise while corn sales decline in export sales report

Nigeria, Bangladesh and Mexico lead wheat purchases as global agricultural trade shows mixed results across commodities.

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U.S. wheat export sales rose 25% last week while corn sales dropped sharply, according to the latest U.S. Department of Agriculture export sales report.

Net wheat sales reached 737,800 metric tons for the 2025/2026 marketing year during the period ending July 31, with Nigeria, Bangladesh and Mexico emerging as top buyers. The weekly figure marks a significant improvement from both the previous week and the prior four-week average.

Nigeria led wheat purchases with 185,900 metric tons, followed by Bangladesh with 165,000 metric tons and Mexico with 105,900 metric tons. Physical wheat exports for the week totaled 667,700 metric tons, with shipments primarily destined for the Philippines, Japan and Nigeria.

Meanwhile, corn sales fell 50% from the previous week to 170,400 metric tons for the current 2024/2025 marketing year. The figure represents a 71% drop from the prior four-week average. However, forward bookings for the 2025/2026 marketing year reached 3.16 million metric tons, with unknown destinations accounting for 1.28 million metric tons.

“A significant export adjustment occurred for soybeans, with accumulated exports to the Netherlands adjusted down 75,600 metric tons for the week ending July 24,” the report noted. “The correct destination for this shipment is Germany.”

Soybean sales showed strength with 467,800 metric tons sold for 2024/2025, up 71% from the previous week. Taiwan, the Netherlands and Germany were the primary buyers.

In the cotton sector, the 2024/2025 marketing year concluded with accumulated exports reaching 11.19 million running bales, slightly above the previous year’s total of 11.07 million.

The report also detailed sales of hides and skins, beef and pork. Beef sales rose 88% from the previous week to 15,900 metric tons, while pork sales declined 22% to 31,000 metric tons but remained 27% above the four-week average.

Several large single transactions were reported for the period, including 616,160 metric tons of corn sold to unknown destinations for 2025/2026 delivery.

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