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Wheat exports plunge 50%

Weekly data reveals sharp decline in wheat shipments while corn exports rise 13% from prior period.

Couleur Wheat 1508654 1920

U.S. agricultural exports showed mixed results for the week ending July 16, according to the Foreign Agricultural Service's Weekly Export Sales Report. Corn shipments rose 13% from the previous week, while wheat exports dropped 50% during the same period.

Wheat sales decline sharply

Net wheat sales totaled 290,000 metric tons for 2026/2027, up 23% from the previous week but down 14% from the four-week average. Mexico led purchases with 137,600 MT, followed by Taiwan at 98,200 MT and Vietnam at 42,000 MT.

Wheat exports of 210,600 MT fell 50% from the previous week and 42% from the four-week average. Mexico received 120,700 MT, while Chile imported 52,000 MT.

Corn shipments increase

Corn exports reached 1,786,400 MT, up 13% from the previous week and 6% from the four-week average. Mexico took 549,600 MT, Japan received 452,800 MT and South Korea imported 209,500 MT.

Net corn sales for 2025/2026 totaled 332,700 MT, up 6% from the previous week. Mexico, Taiwan and Japan were the top buyers. For 2026/2027, net sales of 701,500 MT went primarily to Colombia, Japan and Mexico.

Soybeans see strong forward sales

Soybean net sales of 1,537,200 MT for 2026/2027 went primarily to China at 1,006,000 MT and Mexico at 329,700 MT. Current-year sales of 56,400 MT were down 70% from both the previous week and four-week average.

Soybean exports of 298,700 MT declined 34% from the previous week, with China and Mexico each receiving about 65,000 MT.

Cotton, meat exports rise

Cotton exports of 276,300 running bales increased 29% from the previous week. Vietnam received 96,300 RB, followed by Pakistan at 42,700 RB and Turkey at 31,800 RB.

Pork exports climbed 17% to 29,500 MT, with Mexico taking 13,800 MT and Japan importing 3,800 MT. Beef shipments reached 12,500 MT, up 21% led by South Korea and Japan.

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