| USDA Weekly Export Sales Report Week Ended March 6, 2025 | |
| Corn | |
| Actual Sales (in MT) | 2024-25: 967,300 |
| Expectations (in MT) | 2024-25: 725,000-1,400,000 |
| Weekly Sales Details | Net sales of 967,300 MT for 2024/2025 were up 6 percent from the previous week, but down 19 percent from the prior 4-week average. Increases primarily for Mexico (431,600 MT, including decreases of 12,800 MT), Japan (194,100 MT, including 156,500 MT switched from unknown destinations and decreases of 16,800 MT), Spain (144,100 MT, including 66,000 MT switched from unknown destinations), Colombia (84,700 MT, including 27,000 MT switched from unknown destinations), and Guatemala (76,400 MT, including 28,000 MT switched from unknown destinations, 27,000 MT switched from Panama, and decreases of 2,200 MT), were offset by reductions for unknown destinations (285,900 MT). Total net sales of 13,400 MT for 2025/2026 were for Honduras. |
| Weekly Export Details | Exports of 1,863,000 MT--a marketing-year high--were up 47 percent from the previous week and 34 percent from the prior 4-week average. The destinations were primarily to Japan (399,300 MT), Mexico (397,900 MT), South Korea (207,900 MT), Spain (144,100 MT), and Colombia (124,800 MT). |
| Comments and Performance Indicators | Export commitments are 24.7% ahead of a year-ago, compared to 26.4% 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: 783,400 |
| Expectations (in MT) | 2024-25: 275,000-650,000 |
| Weekly Sales Details | Net sales of 783,400 metric tons (MT) for 2024/2025 were up noticeably from the previous week and up 83 percent from the prior 4-week average. Increases primarily for Panama (237,600 MT), South Korea (180,000 MT, including decreases of 800 MT), unknown destinations (113,000 MT), the Philippines (94,200 MT), and Mexico (54,500 MT, including decreases of 3,500 MT), were offset by reductions for Peru (5,000 MT) and Costa Rica (300 MT). Net sales of 82,600 MT for 2025/2026 were reported for South Korea (41,100 MT), the Philippines (20,000 MT), Peru (12,000 MT), and Colombia (9,500 MT). |
| Weekly Export Details | Exports of 224,000 MT were down 41 percent from the previous week and 43 percent from the prior 4-week average. The destinations were primarily to Mexico (145,300 MT), Taiwan (42,000 MT), the Philippines (13,200 MT), El Salvador (7,800 MT), and Costa Rica (7,700 MT). |
| Comments and Performance Indicators | Export commitments are 13.6% ahead of year-ago, compared to 10.2% 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: 751,700 |
| Expectations (in MT) | 2024-25: 275,000-700,000 |
| Weekly Sales Details | Net sales of 751,700 MT for 2024/2025 were up noticeably from the previous week and from the prior 4-week average. Increases primarily for China (208,300 MT, including 200,000 MT switched from unknown destinations and decreases of 500 MT), Indonesia (151,800 MT, including 110,000 MT switched from unknown destinations and decreases of 400 MT), the Netherlands (129,300 MT, including 125,000 MT switched from unknown destinations and decreases of 2,000 MT), Egypt (99,200 MT, including decreases of 3,000 MT), and Germany (68,700 MT), were offset by reductions for unknown destinations (61,700 MT) and Mexico (2,600 MT). Net sales of 43,100 MT for 2025/2026 reported for Mexico (43,500 MT), were offset by reductions for Japan (400 MT). |
| Weekly Export Details | Exports of 923,100 MT were up 16 percent from the previous week and 4 percent from the prior 4-week average. The destinations were primarily to China (284,200 MT), Indonesia (138,400 MT), the Netherlands (129,300 MT), Egypt (121,200 MT), and Germany (68,700 MT). |
| Comments and Performance Indicators | Export commitments are running 13.8% ahead of a year-ago, compared to 13.0% 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: 184,800 |
| Expectations | 2024-25: 190,000-400,000 |
| Weekly Sales Details | Net sales of 184,800 MT for 2024/2025 were down 22 percent from the previous week and 31 percent from the prior 4-week average. Increases primarily for Colombia (43,900 MT, including 20,000 MT switched from unknown destinations and decreases of 2,900 MT), Panama (32,400 MT, including 10,000 MT switched from unknown destinations and decreases of 100 MT), Honduras (27,700 MT), the Dominican Republic (24,100 MT, including 12,000 MT switched from unknown destinations and decreases of 2,600 MT), and Guatemala (13,300 MT, including 7,000 MT switched from Panama, 7,000 MT switched from unknown destinations, and decreases of 1,700 MT), were offset by reductions for unknown destinations (11,000 MT). Net sales of 1,600 MT for 2025/2026 were reported for Mexico (1,100 MT) and Canada (500 MT). |
| Weekly Export Details | Exports of 284,400 MT were up 21 percent from the previous week and 4 percent from the prior 4-week average. The destinations were primarily to Vietnam (52,300 MT), Mexico (45,300 MT), the Dominican Republic (41,300 MT), Colombia (40,800 MT), and Honduras (29,800 MT). |
| Comments and Performance Indicators | Export commitments are 12.0% ahead of a year-ago, compared to 12.5% 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: 68,500 |
| Expectations (in MT) | 2024-25: 40,000-75,000 |
| Weekly Sales Details | Net sales of 68,500 MT for 2024/2025 were up 25 percent from the previous week and up noticeably from the prior 4-week average. Increases were primarily for unknown destinations (34,000 MT), the Dominican Republic (12,100 MT, including decreases of 10,900 MT), Venezuela (7,100 MT, including decreases of 900 MT), South Korea (6,000 MT switched from unknown destinations), and Mexico (4,700 MT, including decreases of 500 MT). |
| Weekly Export Details | Exports of 24,100 MT were down 27 percent from the previous week and 24 percent from the prior 4-week average. The destinations were primarily to South Korea (8,600 MT), Mexico (6,200 MT), Venezuela (6,200 MT), Colombia (2,500 MT), and Canada (400 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: 271,800 |
| Weekly Sales Details | Net sales of Upland totaling 271,800 RB for 2024/2025 were up 13 percent from the previous week and from the prior 4-week average. Increases primarily for Vietnam (112,700 RB, including 29,200 RB switched from China, 1,500 RB switched from South Korea, 400 RB switched from Japan, and decreases of 200 RB), Turkey (89,300 RB), Pakistan (42,700 RB, including 900 RB switched from China and decreases of 8,800 RB), Bangladesh (20,300 RB), and Indonesia (10,100 RB, including 200 RB switched from Vietnam), were offset by reductions for China (39,100 RB) and South Korea (200 RB). Net sales of 110,200 RB for 2025/2026 were primarily for Pakistan (62,400 RB), Honduras (20,800 RB), Turkey (20,000 RB), Vietnam (4,000 RB), and Mexico (1,800 RB). |
| Weekly Export Details | Exports of 403,500 RB--a marketing-year high--were up 21 percent from the previous week and 39 percent from the prior 4-week average. The destinations were primarily to Vietnam (126,700 RB), Pakistan (101,600 RB), Turkey (62,200 RB), India (20,200 RB), and China (15,200 RB). Net sales of Pima totaling 4,600 RB for 2024/2025 were down 58 percent from the previous week and 66 percent from the prior 4-week average. Increases primarily for Bangladesh (1,400 RB), Costa Rica (900 RB), India (800 RB), Thailand (600 RB), and China (600 RB, including 400 RB switched from Hong Kong), were offset by reductions for Hong Kong (400 RB). Exports of 6,900 RB were up 72 percent from the previous week and 27 percent from the prior 4-week average. The destinations were primarily to Peru (2,000 RB), China (1,700 RB), Vietnam (900 RB), Turkey (900 RB), and India (400 RB). |
| Comments and Performance Indicators | Upland cotton export commitments are running 4.6% behind a year ago, compared to 9.0% 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: 14,300 |
| Weekly Sales Details | Net sales of 14,300 MT for 2025 were up 7 percent from the previous week, but down 13 percent from the prior 4-week average. Increases were primarily for Japan (4,600 MT, including decreases of 300 MT), South Korea (3,000 MT, including decreases of 600 MT), China (2,500 MT, including decreases of 900 MT), Mexico (1,000 MT, including decreases of 100 MT), and Taiwan (800 MT, including decreases of 100 MT). |
| Weekly Export Details | Exports of 15,900 MT were up 21 percent from the previous week and 12 percent from the prior 4-week average. The destinations were primarily to South Korea (4,400 MT), Japan (4,400 MT), China (2,500 MT), Mexico (1,700 MT), and Taiwan (900 MT). |
| Comments and Performance Indicators | USDA projects 2024 exports will fall 6.0% from a year ago. |
| Pork | |
| Actual Sales (in MT) | 2025: 20,300 |
| Weekly Sales Details | Net sales of 20,300 MT for 2025--a marketing-year low--were down 52 percent from the previous week and 35 percent from the prior 4-week average. Increases primarily for Mexico (6,300 MT, including decreases of 200 MT), Japan (5,100 MT, including decreases of 100 MT), South Korea (3,700 MT, including decreases of 800 MT), Colombia (1,900 MT, including decreases of 100 MT), and Australia (1,100 MT, including decreases of 100 MT), were offset by reductions for Canada (300 MT). |
| Weekly Export Details | Exports of 33,600 MT were up 4 percent from the previous week and 5 percent from the prior 4-week average. The destinations were primarily to Mexico (11,200 MT), South Korea (5,900 MT), Japan (4,700 MT), Colombia (2,800 MT), and China (2,600 MT). |
| Comments and Performance Indicators | USDA projects exports in 2025 will rise 1.4% from last year. |
Weekly wheat, soybean sales surpass expectations
Wheat and soybean sales during the week ended March 6 were each above analysts pre-report range. Corn sales rose on the week, while exports reached a marketing-year high.
(Chip Flory)