| USDA Weekly Export Sales Report Week Ended April 17, 2025 | |
| Corn | |
| Actual Sales (in MT) | 2024-25: 1,152,900 |
| Expectations (in MT) | 2024-25: 800,000-1,300,000 |
| Weekly Sales Details | Net sales of 1,152,900 MT for 2024/2025 were down 26 percent from the previous week, but up 1 percent from the prior 4-week average. Increases primarily for Japan (629,200 MT, including 149,300 MT switched from unknown destinations and decreases of 3,700 MT), South Korea (140,600 MT, including 134,000 MT switched from unknown destinations), Mexico (136,400 MT, including 30,000 MT switched from unknown destinations and decreases of 8,100 MT), Portugal (110,000 MT), and Colombia (96,900 MT, including decreases of 1,800 MT), were offset by reductions for unknown destinations (256,000 MT) and Saudi Arabia (200 MT). |
| Weekly Export Details | Exports of 1,780,300 MT were down 5 percent from the previous week, but up 1 percent from the prior 4-week average. The destinations were primarily to Mexico (560,800 MT), Japan (437,600 MT), South Korea (206,600 MT), Colombia (116,200 MT), and Morocco (75,600 MT). |
| Comments and Performance Indicators | Export commitments are 25.6% ahead of a year-ago, compared to 26.6% ahead last week. USDA projects exports in 2024-25 at 2.550 billion bu., 11.3% above the previous marketing year. |
| Wheat | |
| Actual Sales (in MT) | 2024-25: (145,000) |
| Expectations (in MT) | 2024-25: (150,000)-200,000 |
| Weekly Sales Details | Net sales reductions of 145,000 metric tons (MT) for 2024/2025 were down noticeably from the previous week and from the prior 4-week average. Increases primarily for Vietnam (75,300 MT, including 66,000 MT switched from unknown destinations), Nigeria (37,000 MT), Algeria (19,800 MT, including 20,000 MT switched from unknown destinations and decreases of 200 MT), El Salvador (14,600 MT), and Guatemala (7,800 MT, including 7,600 MT switched from unknown destinations), were more than offset by reductions primarily for unknown destinations (158,400 MT), Mexico (75,800 MT), Haiti (35,000 MT), Honduras (19,400 MT), and the Dominican Republic (13,500 MT). Net sales of 371,700 MT for 2025/2026 were primarily for Mexico (112,000 MT), Japan (93,200 MT), unknown destinations (66,700 MT), Haiti (35,000 MT), and the Dominican Republic (34,600 MT). |
| Weekly Export Details | Exports of 479,600 MT were down 1 percent from the previous week, but up 10 percent from the prior 4-week average. The destinations were primarily to Vietnam (133,600 MT), Mexico (96,400 MT), the Philippines (64,700 MT), Thailand (58,800 MT), and Taiwan (26,200 MT). |
| Comments and Performance Indicators | Export commitments are 13.1% ahead of year-ago, compared to 14.4% ahead last week. USDA projects exports in 2024-25 exports are projected at 820 million bu., up 16.0% from last year. |
| Soybeans | |
| Actual Sales (in MT) | 2024-25: 277,000 |
| Expectations (in MT) | 2024-25: 200,000-600,000 |
| Weekly Sales Details | Net sales of 277,000 MT for 2024/2025 were down 50 percent from the previous week and 25 percent from the prior 4-week average. Increases primarily for Mexico (87,800 MT, including decreases of 2,200 MT), the Netherlands (65,800 MT, including 60,000 MT switched from unknown destinations), unknown destinations (35,000 MT), Indonesia (26,200 MT, including decreases of 1,100 MT), and Japan (13,100 MT, including 12,400 MT switched from unknown destinations and decreases of 200 MT), were offset by reductions for Costa Rica (2,800 MT) and Saudi Arabia (400 MT). Total net sales reductions of 100 MT for 2025/2026 were for Japan. |
| Weekly Export Details | Exports of 495,400 MT were down 31 percent from the previous week and 39 percent from the prior 4-week average. The destinations were primarily to Egypt (173,300 MT), China (67,800 |
| Comments and Performance Indicators | Export commitments are running 13.4% ahead of a year-ago, compared to 13.3% 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: 170,900 |
| Expectations | 2024-25: 150,000-350,000 |
| Weekly Sales Details | Net sales of 170,900 MT for 2024/2025 were up 17 percent from the previous week, but unchanged from the prior 4-week average. Increases primarily for Vietnam (54,400 MT, including decreases of 1,300 MT), the Philippines (52,800 MT), Ecuador (49,500 MT, including 50,000 MT switched from unknown destinations and decreases of 500 MT), Morocco (48,300 MT, including 33,000 MT switched from unknown destinations), and Guatemala (32,100 MT, including 8,000 MT switched from unknown destinations and decreases of 2,900 MT), were offset by reductions for unknown destinations (113,000 MT), Venezuela (6,000 MT), Canada (4,600 MT), Belgium (1,800 MT), and Sri Lanka (600 MT). Total net sales of 5,300 MT for 2025/2026 were for Canada. |
| Weekly Export Details | Exports of 368,000 MT were up 31 percent from the previous week and 5 percent from the prior 4-week average. The destinations were primarily to Morocco (58,300 MT), Vietnam (56,200 MT), Ecuador (49,500 MT), the Philippines (49,100 MT), and Colombia (35,400 MT). |
| Comments and Performance Indicators | Export commitments are 9.2% ahead of a year-ago, compared to 10.8% 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: 12,400 |
| Expectations (in MT) | 2024-25: 5-25,000 |
| Weekly Sales Details | Net sales of 12,400 MT for 2024/2025 were up 21 percent from the previous week, but down 44 percent from the prior 4-week average. Increases reported for India (42,000 MT switched from unknown destinations), Mexico (4,200 MT), Colombia (3,900 MT, including decreases of 1,200 MT), Jamaica (2,700 MT), and the Dominican Republic (2,000 MT, including decreases of 500 MT), were offset by reductions for unknown destinations (42,000 MT) and Canada (300 MT). |
| Weekly Export Details | Exports of 45,500 MT were up noticeably from the previous week and up 45 percent from the prior 4-week average. The destinations were to India (42,000 MT), Mexico (2,900 MT), and Canada (500 MT). |
| Comments and Performance Indicators | Export commitments are well ahead of year-ago. USDA projects exports will nearly quadruple in 2023-24. |
| Cotton | |
| Actual Upland Sales (in RB) | 2024-25: 104,000 |
| Weekly Sales Details | Net sales of Upland totaling 104,000 RB for 2024/2025 were down 49 percent from the previous week and 22 percent from the prior 4-week average. Increases primarily for Vietnam (34,400 RB, including 2,000 RB switched from China, 1,800 RB switched from Hong Kong, 100 RB switched from South Korea, and decreases of 300 RB), India (22,500 RB), Pakistan (16,500 RB), Turkey (15,400 RB), and Bangladesh (6,700 RB, including decreases of 200 RB), were offset by reductions for China (5,300 RB), Hong Kong (1,900 RB), South Korea (200 RB), and Mexico (100 RB). Net sales of 38,000 RB for 2025/2026 were primarily for Indonesia (13,200 RB), Peru (9,700 RB), Honduras (9,300 RB), Vietnam (4,200 RB), and Nicaragua (1,500 RB). |
| Weekly Export Details | Exports of 292,200 RB were down 11 percent from the previous week and 22 percent from the prior 4-week average. The destinations were primarily to Vietnam (92,200 RB), Pakistan (59,300 RB), Turkey (55,200 RB), Bangladesh (23,900 RB), and Peru (11,700 RB). Net sales of Pima totaling 5,800 RB for 2024/2025 were up noticeably from the previous week, but down 31 percent from the prior 4-week average. Increases primarily for Pakistan (1,300 RB), India (1,300 RB), Peru (700 RB), Turkey (700 RB), and Vietnam (600 RB), were offset by reductions for Hong Kong (300 RB). Exports of 14,400 RB were up noticeably from the previous week and up 41 percent from the prior 4-week average. The destinations were primarily to India (7,400 RB), Peru (2,800 RB), Vietnam (1,900 RB), Bangladesh (900 RB), and Turkey (300 RB). |
| Comments and Performance Indicators | Upland cotton export commitments are running 3.9% behind a year ago, compared to 3.3% behind last week. USDA forecasts total cotton exports will fall 7.2% from a year ago to 10.90 million bales in 2024-25. |
| Beef | |
| Actual Sales (in MT) | 2025: 10,300 |
| Weekly Sales Details | Net sales of 10,300 MT for 2025 were down 41 percent from the previous week and 11 percent from the prior 4-week average. Increases were primarily for South Korea (3,200 MT, including decreases of 300 MT), Japan (1,900 MT, including decreases of 200 MT), Hong Kong (1,300 MT, including decreases of 100 MT), Canada (1,300 MT), and Taiwan (1,100 MT, including decreases of 200 MT). |
| Weekly Export Details | Exports of 13,200 MT were down 10 percent from the previous week and from the prior 4-week average. The destinations were primarily to South Korea (4,900 MT), Japan (3,400 MT), Taiwan (1,200 MT), Mexico (1,000 MT), and Canada (900 MT). |
| Comments and Performance Indicators | USDA projects 2024 exports will fall 11.0% from a year ago. |
| Pork | |
| Actual Sales (in MT) | 2025: 5,800 |
| Weekly Sales Details | Net sales of 5,800 MT for 2025--a marketing-year low--were down 72 percent from the previous week and 82 percent from the prior 4-week average. Increases primarily for Japan (6,300 MT, including decreases of 100 MT), Mexico (3,800 MT, including decreases of 200 MT), South Korea (1,800 MT, including decreases of 100 MT), Colombia (1,600 MT), and Canada (1,200 MT), were offset by reductions for China (12,000 MT) and Denmark (100 MT). |
| Weekly Export Details | Exports of 27,100 MT were down 12 percent from the previous week and 14 percent from the prior 4-week average. The destinations were primarily to Mexico (10,200 MT), South Korea (4,700 MT), Japan (4,600 MT), Colombia (1,900 MT), and Canada (1,000 MT). |
| Comments and Performance Indicators | USDA projects exports in 2025 will fall 2.2% from last year. |
Weekly corn, soy and wheat sales each slide on the week
During the week ended April 17, wheat notched net reductions, falling noticeably from the previous week, while soybean sales declined 50% and corn sales down 26%.
(Chip Flory)