| USDA Weekly Export Sales Report Week Ended March 27, 2025 | |
| Corn | |
| Actual Sales (in MT) | 2024-25: 1,173,200 |
| Expectations (in MT) | 2024-25: 800,000-1,600,000 |
| Weekly Sales Details | Net sales of 1,173,200 MT for 2024/2025 were up 13 percent from the previous week and 6 percent from the prior 4-week average. Increases primarily for South Korea (339,400 MT, including 66,000 MT switched from unknown destinations and decreases of 3,600 MT), Mexico (226,500 MT, including decreases of 72,600 MT), Japan (168,500 MT, including 60,000 MT switched from unknown destinations and decreases of 6,700 MT), Taiwan (165,300 MT), and unknown destinations (115,600 MT), were offset by reductions for Vietnam (23,500 MT), Panama (19,700 MT), Nicaragua (15,000 MT), Honduras (10,700 MT), and Morocco (1,500 MT). Total net sales of 165,000 MT for 2025/2026 were for Japan. |
| Weekly Export Details | Exports of 1,805,900 MT were up 9 percent from the previous week and 12 percent from the prior 4-week average. The destinations were primarily to Mexico (508,300 MT), Japan (299,100 MT), South Korea (274,700 MT), Colombia (252,900 MT), and Taiwan (77,300 MT). |
| Comments and Performance Indicators | Export commitments are 23.7% ahead of a year-ago, compared to 23.7% ahead last week. USDA projects exports in 2024-25 at 2.450 billion bu., 6.9% above the previous marketing year. |
| Wheat | |
| Actual Sales (in MT) | 2024-25: 340,000 |
| Expectations (in MT) | 2024-25: (100,000)-300,000 |
| Weekly Sales Details | Net sales of 340,000 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 40 percent from the prior 4-week average. Increases primarily for Ecuador (71,900 MT, including 68,500 MT switched from unknown destinations and decreases of 1,100 MT), Japan (59,300 MT), the Dominican Republic (51,100 MT, including 34,500 MT switched from unknown destinations), Taiwan (51,000 MT), and Venezuela (40,200 MT, including 27,000 MT switched from unknown destinations, 5,500 MT switched from Panama, and decreases of 700 MT), were offset by reductions for unknown destinations (20,000 MT), the Philippines (13,100 MT), and Panama (5,500 MT). Net sales of 95,200 MT for 2025/2026 were primarily for Taiwan (50,000 MT), the Philippines (35,000 MT), and the Dominican Republic (8,200 MT). |
| Weekly Export Details | Exports of 499,600 MT were up 17 percent from the previous week and 33 percent from the prior 4-week average. The destinations were primarily to the Philippines (123,900 MT), Ecuador (81,100 MT), South Korea (67,900 MT), Mexico (55,700 MT), and the Dominican Republic (40,700 MT). |
| Comments and Performance Indicators | Export commitments are 13.3% ahead of year-ago, compared to 11.6% ahead last week. USDA projects exports in 2024-25 exports are projected at 850 million bu., up 18.1% from last year. |
| Soybeans | |
| Actual Sales (in MT) | 2024-25: 410,200 |
| Expectations (in MT) | 2024-25: 250,000-800,000 |
| Weekly Sales Details | Net sales of 410,200 MT for 2024/2025 were up 21 percent from the previous week, but down 9 percent from the prior 4-week average. Increases primarily for China (285,900 MT, including 264,000 MT switched from unknown destinations and decreases of 200 MT), Taiwan (73,100 MT, including decreases of 500 MT), Indonesia (69,500 MT, including decreases of 500 MT), Egypt (65,000 MT), and Mexico (64,600 MT, including decreases of 1,400 MT), were offset by reductions for unknown destinations (179,500 MT), Panama (6,000 MT), and Costa Rica (400 MT). Net sales of 3,300 MT for 2025/2026 were reported for Japan (2,800 MT) and Taiwan (500 MT). |
| Weekly Export Details | Exports of 841,900 MT were down 9 percent from the previous week, but up 4 percent from the prior 4-week average. The destinations were primarily to China (640,900 MT), Mexico (79,600 MT), Colombia (22,500 MT), Indonesia (20,200 MT), and Vietnam (16,500 MT). |
| Comments and Performance Indicators | Export commitments are running 14.0% ahead of a year-ago, compared to 13.4% behind last week. USDA projects exports in 2024-25 at 1.825 billion bu., up 7.7% from the previous marketing year. |
| Soymeal | |
| Actual Sales (in MT) | 2024-25: 93,500 |
| Expectations | 2024-25: 100,000-300,000 |
| Weekly Sales Details | Net sales of 93,500 MT for 2024/2025--a marketing-year low-- were down 44 percent from the previous week and 51 percent from the prior 4-week average. Increases primarily for Tunisia (71,500 MT, including 32,000 MT switched from unknown destinations and decreases of 500 MT), Bangladesh (53,900 MT, including 50,000 MT switched from unknown destinations), Spain (30,600 MT, including 30,000 MT switched from the Netherlands), Algeria (30,100 MT), and Venezuela (22,000 MT, including 20,000 MT switched from Panama, 5,000 MT switched from unknown destinations, 2,000 MT switched from Colombia, and decreases of 5,000 MT), were offset by reductions primarily for unknown destinations (86,000 MT), the Netherlands (30,000 MT), Panama (20,000 MT), Mexico (6,900 MT), and Colombia (6,500 MT). |
| Weekly Export Details | Exports of 521,800 MT--a marketing-year high--were up noticeably from the previous week and up 89 percent from the prior 4-week average. The destinations were primarily to Bangladesh (101,900 MT), the Philippines (50,900 MT), Venezuela (43,000 MT), Mexico (37,400 MT), and Honduras (37,100 MT). |
| Comments and Performance Indicators | Export commitments are 10.0% ahead of a year-ago, compared to 11.3% ahead last week. USDA projects exports in 2023-24 will increase 8.0% from the previous marketing year in 2023-24. |
| Soyoil | |
| Actual Sales (in MT) | 2024-25: 13,800 |
| Expectations (in MT) | 2024-25: 5,000-40,000 |
| Weekly Sales Details | Net sales of 13,800 MT for 2024/2025 were down 69 percent from the previous week and 73 percent from the prior 4-week average. Increases primarily for Panama (7,500 MT switched from unknown destinations), Honduras (3,400 MT), Colombia (3,000 MT), Venezuela (2,500 MT), and Guatemala (1,600 MT), were offset by reductions for unknown destinations (5,500 MT). Total net sales of 9,100 MT for 2025/2026 were for Mexico. |
| Weekly Export Details | Exports of 43,900 MT were up 51 percent from the previous week and 40 percent from the prior 4-week average. The destinations were primarily to India (10,300 MT), Colombia (10,000 MT), Panama (7,500 MT), Venezuela (7,500 MT), and Haiti (5,000 MT). |
| Comments and Performance Indicators | Export commitments are well ahead of year-ago. USDA projects exports will nearly triple in 2023-24. |
| Cotton | |
| Actual Upland Sales (in RB) | 2024-25: 129,100 |
| Weekly Sales Details | Net sales of Upland totaling 129,100 RB for 2024/2025 were up 53 percent from the previous week, but down 26 percent from the prior 4-week average. Increases primarily for Vietnam (88,600 RB, including 8,900 RB switched from China, 1,700 RB switched from Hong Kong, and 300 RB switched from South Korea), Turkey (21,700 RB, including decreases of 500 RB), Pakistan (21,000 RB, including 1,300 RB switched from China and decreases of 400 RB), Thailand (7,600 RB), and Bangladesh (7,500 RB, including 500 RB switched from Vietnam), were offset by reductions primarily for China (21,300 RB), Mexico (4,200 RB), India (2,000 RB), Hong Kong (1,800 RB), and South Korea (400 RB). Net sales of 40,000 RB for 2025/2026 were primarily for Mexico (27,100 RB), Guatemala (5,300 RB), Turkey (3,300 RB), and India (2,600 RB). |
| Weekly Export Details | Exports of 393,800 RB were unchanged from the previous week, but up 6 percent from the prior 4-week average. The destinations were primarily to Vietnam (120,000 RB), Turkey (76,700 RB), Pakistan (63,600 RB), Bangladesh (22,700 RB), and Mexico (16,400 RB). Net sales of Pima totaling 8,500 RB for 2024/2025 were down 57 percent from the previous week and 45 percent from the prior 4-week average. Increases were primarily for India (2,700 RB), Egypt (2,600 RB), Pakistan (1,700 RB), Bangladesh (400 RB), and Thailand (400 RB). Total net sales of 700 RB for 2025/2026 were for Egypt. Exports of 14,400 RB were up 21 percent from the previous week and 46 percent from the prior 4-week average. The destinations were primarily to India (4,900 RB), Peru (2,800 RB), China (2,400 RB), Vietnam (2,200 RB), and Pakistan (700 RB). |
| Comments and Performance Indicators | Upland cotton export commitments are running 4.1% behind a year ago, compared to 4.6% behind last week. USDA forecasts total cotton exports will fall 6.4% from a year ago to 11.00 million bales in 2024-25. |
| Beef | |
| Actual Sales (in MT) | 2025: 9,300 |
| Weekly Sales Details | Net sales of 9,300 MT for 2025 were up 16 percent from the previous week, but down 19 percent from the prior 4-week average. Increases primarily for South Korea (3,400 MT, including decreases of 500 MT), Japan (2,600 MT, including decreases of 800 MT), Hong Kong (800 MT, including decreases of 100 MT), Mexico (600 MT, including decreases of 100 MT), and China (500 MT, including decreases of 100 MT), were offset by reductions for Indonesia (200 MT). |
| Weekly Export Details | Exports of 14,900 MT were up 6 percent from the previous week and 2 percent from the prior 4-week average. The destinations were primarily to South Korea (5,200 MT), Japan (3,300 MT), China (2,500 MT), Mexico (1,100 MT), and Taiwan (1,100 MT). |
| Comments and Performance Indicators | USDA projects 2024 exports will fall 6.0% from a year ago. |
| Pork | |
| Actual Sales (in MT) | 2025: 53,000 |
| Weekly Sales Details | Net sales of 53,000 MT for 2025--a marketing-year high--were up 66 percent from the previous week and 88 percent from the prior 4-week average. Increases were primarily for Mexico (30,600 MT, including decreases of 300 MT), China (10,300 MT, including decreases of 100 MT), Japan (3,400 MT, including decreases of 300 MT), South Korea (3,000 MT, including decreases of 500 MT), and Colombia (1,800 MT, including decreases of 200 MT). |
| Weekly Export Details | Exports of 32,900 MT were up 4 percent from the previous week and 1 percent from the prior 4-week average. The destinations were primarily to Mexico (12,200 MT), South Korea (5,200 MT), Japan (4,100 MT), China (2,700 MT), and Colombia (2,300 MT). |
| Comments and Performance Indicators | USDA projects exports in 2025 will rise 1.4% from last year. |
Weekly corn, soybean, wheat sales rise on the week
Weekly wheat sales during the week ended March 27 were more than triple the previous week’s figure, exceeding the pre-report range, while corn and soybean sales rose 13% and 21%, respectively.
(Chip Flory)