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US corn export sales surge nearly 100% in early February

Strong demand from Japan, South Korea and Mexico drives a sharp rise in U.S. corn shipments for the 2025/2026 marketing year.

Corn Being Harvested Pixabay

Net sales and exports of several major U.S. agricultural commodities showed notable changes in the week ending February 5, 2026, according to the U.S. Export Sales report from the U.S. Department of Agriculture's Foreign Agricultural Service.

Wheat sales rose 31% from the previous week, reaching 488,000 metric tons (MT), driven by strong demand from the Philippines, Mexico, Indonesia, Japan, and Bangladesh. Exports also climbed 44%, totaling 580,000 MT, with the Philippines and Bangladesh leading destinations.

Corn net sales nearly doubled, up 99% to 2.07 million MT, supported by increased purchases from Japan, South Korea, Colombia, Mexico, and Taiwan. Exports rose 32% to 1.51 million MT, with Mexico and Japan as top buyers. However, an export adjustment reduced corn shipments to El Salvador by 127 MT due to reporting errors.

Sorghum sales declined 24% to 261,300 MT, with China accounting for the majority of purchases. Exports increased noticeably but remained 13% below the prior four-week average.

Rice net sales surged 61% to 77,100 MT, led by Colombia, Mexico, Guatemala, and Haiti, while exports rose 32% to 44,200 MT. An export correction reassigned 10,462 MT of rice from Guam to Guatemala.

Soybean net sales hit a marketing-year low of 281,800 MT, down 36%, with China and Egypt as primary buyers. Exports fell 19% to 1.13 million MT, mainly to China and Egypt.

Soybean cake and meal sales decreased 5% to 357,000 MT, with the Philippines and Colombia as key markets. Exports rose 8% to 326,400 MT. Soybean oil sales increased but remained 82% below the four-week average.

Cotton net sales dropped 8% to 231,000 running bales (RB), with Vietnam and Turkey as main buyers. Exports fell 20% to 188,600 RB.

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