Weekly corn, soy sales rise on the week

Soybeans led the charge during the week ended May 29, rising 33% from the previous week while corn rose 3%. Meanwhile, new crop wheat sales continued to prove solid.

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USDA Weekly Export Sales Report
(Chip Flory)
USDA Weekly Export Sales Report
Week Ended May 29, 2025
Corn
Actual Sales (in MT)2024-25: 942,300
Expectations (in MT)2024-25: 775,000-1,400,000
Actual Sales (in MT)2025-26: 160,100
Expectations (in MT)2025-26: 20,000-250,000
Weekly Sales DetailsNet sales of 942,300 MT for 2024/2025 were up 3 percent from the previous week, but down 31 percent from the prior 4-week average. Increases primarily for Mexico (362,300 MT, including 55,000 MT switched from unknown destinations and decreases of 36,900 MT), Japan (173,500 MT, including 114,200 MT switched from unknown destinations and decreases of 29,400 MT), South Korea (138,600 MT, including 132,000 MT switched from unknown destinations and decreases of 500 MT), Colombia (103,400 MT, including 45,000 MT switched from unknown destinations and decreases of 20,600 MT), and Guatemala (71,800 MT, including decreases of 200 MT), were offset by reductions for unknown destinations (227,800 MT), Honduras (7,500 MT), Spain (1,700 MT), and Vietnam (100 MT). Net sales of 160,100 MT for 2025/2026 were primarily for unknown destinations (65,000 MT), Japan (50,800 MT), Panama (20,300 MT), Honduras (10,000 MT), and Costa Rica (6,500 MT).
Weekly Export DetailsExports of 1,647,800 MT were up 3 percent from the previous week and from the prior 4-week average. The destinations were primarily to Mexico (466,700 MT), Japan (336,
Comments and Performance IndicatorsExport commitments are 27.1% ahead of year ago, compared to 28.2% last week. USDA projects exports in 2024-25 at 2.600 billion bu., 13.4% above the previous marketing year.
Wheat
Actual Sales (in MT)2024-25: (49,100)
Expectations (in MT)2024-25: (200,000)-100,000
Actual Sales (in MT)2025-26: 444,900
Expectations (in MT)2025-26: 300,000-800,000
Weekly Sales DetailsNet sales reductions of 49,100 metric tons (MT) for 2024/2025, primarily for South Korea (65,300 MT), Ecuador (38,800 MT, including 34,300 MT switched from unknown destinations), Vietnam (32,800 MT, including 22,100 MT switched from the Philippines, 12,300 MT switched from unknown destinations and decreases of 2,200 MT), Colombia (20,700 MT, including 18,200 MT switched from unknown destinations), and Indonesia (7,300 MT), were more than offset by reductions primarily for unknown destinations (81,300 MT), Mexico (66,800 MT), Thailand (52,500 MT), the Philippines (12,000 MT), and Belize (6,500 MT). Net sales of 444,900 MT for 2025/2026 primarily for unknown destinations (140,500 MT), Nigeria (131,000 MT), Mexico (108,400 MT), Thailand (55,000 MT), and Venezuela (30,000 MT), were offset by reductions for Chile (44,000 MT) and South Korea (28,300 MT).
Weekly Export DetailsExports of 540,100 MT were up 8 percent from the previous week and 20 percent from the prior 4-week average. The destinations were primarily to Indonesia (81,100 MT), South Korea (66,500 MT), Mexico (63,000 MT), the Philippines (56,000 MT), and Ecuador (38,800 MT).
Comments and Performance IndicatorsExport commitments are 14.2% ahead of year ago, compared to 13.1% 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: 194,300
Expectations (in MT)2024-25: 100,000-500,000
Actual Sales (in MT)2025-26: 3,500
Expectations (in MT)2025-26: 0-100,000
Weekly Sales DetailsNet sales of 194,300 MT for 2024/2025 were up 33 percent from the previous week, but down 30 percent from the prior 4-week average. Increases primarily for Bangladesh (57,500 MT, including 55,000 MT switched from unknown destinations), Norway (29,600 MT, including 30,000 MT switched from unknown destinations and decreases of 400 MT), Taiwan (24,200 MT, including decreases of 200 MT), Egypt (22,000 MT, including 20,000 MT switched from unknown destinations), and Japan (20,000 MT), were offset by reductions for unknown destinations (11,200 MT), China (1,100 MT), and Jordan (200 MT). Net sales of 3,500 MT for 2025/2026 were reported for Japan (3,000 MT) and Canada (500 MT).
Weekly Export DetailsExports of 308,600 MT were up 47 percent from the previous week and 8 percent from the prior 4-week average. The destinations were primarily to China (65,000 MT), Bangladesh (57,500 MT), Mexico (43,000 MT), Norway (29,600 MT), and Indonesia (22,400 MT).
Comments and Performance IndicatorsExport commitments are running 12.1% ahead of a year-ago. USDA projects exports in 2024-25 at 1.850 billion bu., up 9.1% from the previous marketing year.
Soymeal
Actual Sales (in MT)2024-25: 254,700
Expectations2024-25: 200,000-500,000
Actual Sales (in MT)2025-26: 10,200
Expectations2025-26: 0-200,000
Weekly Sales DetailsNet sales of 254,700 MT for 2024/2025 were down 40 percent from the previous week and 14 percent from the prior 4-week average. Increases primarily for Colombia (98,100 MT, including 11,500 MT switched from unknown destinations and decreases of 2,000 MT), the Philippines (52,000 MT, including 50,000 MT switched from Vietnam and decreases of 100 MT), Mexico (33,800 MT, including decreases of 1,700 MT), Guatemala (29,300 MT), and Vietnam (13,200 MT, including 60,000 MT switched from Japan), were offset by reductions for Japan (36,700 MT), Morocco (1,000 MT), and Nicaragua (200 MT). Net sales of 10,200 MT for 2025/2026 were reported for unknown destinations (7,500 MT), Japan (2,000 MT), and Canada (700 MT).
Weekly Export DetailsExports of 238,500 MT were down 12 percent from the previous week and 6 percent from the prior 4-week average. The destinations were primarily to Vietnam (55,600 MT), Mexico (55,000 MT), Honduras (26,600 MT), Colombia (17,200 MT), and El Salvador (16,800 MT).
Comments and Performance IndicatorsExport commitments are 12.0% ahead of a year-ago. 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: 10,300
Expectations (in MT)2024-25: 5,000-25,000
Weekly Sales DetailsNet sales of 10,300 MT for 2024/2025 were down 47 percent from the previous week and 33 percent from the prior 4-week average. Increases reported for unknown destinations (7,500 MT) and Mexico (3,500 MT, including decreases of 2,000 MT), were offset by reductions for Canada (700 MT). Total net sales of 1,500 MT for 2025/2026 were for Canada.
Weekly Export DetailsExports of 14,200 MT were down 67 percent from the previous week and 62 percent from the prior 4-week average. The destinations were primarily to Colombia (12,000 MT) and Mexico (1,400 MT).
Comments and Performance IndicatorsExport commitments are well ahead of year-ago. USDA projects exports will jump 5.9% in 2024-25.
Cotton
Actual Upland Sales (in RB)2024-25: 109,800
Weekly Sales DetailsNet sales of Upland totaling 109,800 RB for 2024/2025 were down 8 percent from the previous week and 2 percent from the prior 4-week average. Increases primarily for Bangladesh (34,200 RB, including decreases of 100 RB), Vietnam (24,700 RB, including 2,400 RB switched from China, 500 RB switched from Malaysia, 300 RB switched from South Korea, and decreases of 100 RB), India (24,500 RB), Pakistan (14,700 RB, including decreases of 100 RB), and Ecuador (6,400 RB), were offset by reductions for China (2,400 RB), Malaysia (500 RB), South Korea (300 RB), and Japan (200 RB). Net sales of 39,000 RB for 2025/2026 were primarily for Vietnam (17,900 RB), Mexico (10,200 RB), South Korea (4,400 RB), Indonesia (3,500 RB), and Japan (2,100 RB).
Weekly Export DetailsExports of 316,100 RB were up 15 percent from the previous week and 1 percent from the prior 4-week average. The destinations were primarily to Turkey (98,300 RB), Vietnam (87,400 RB), Pakistan (48,300 RB), Bangladesh (13,700 RB), and Mexico (10,900 RB). Net sales of Pima totaling 6,700 RB for 2024/2025 were down noticeably from the previous week and down 33 percent from the prior 4-week average. Increases primarily for India (7,500 RB) and Indonesia (200 RB), were offset by reductions for Peru (1,000 RB). Total net Sales of Pima totaling 1,000 RB for 2025/2026 were for Peru. Exports of 11,100 RB were up 66 percent from the previous week and 16 percent from the prior 4- week average. The destinations were primarily to Vietnam (5,400 RB), India (3,300 RB), Peru (900 RB), Pakistan (900 RB), and Bangladesh (400 RB).
Comments and Performance IndicatorsUpland cotton export commitments are running 6.8% behind a year ago. USDA forecasts total cotton exports will fall 5.5% from a year ago to 11.10 million bales in 2024-25.
Beef
Actual Sales (in MT)2025: 9,000
Weekly Sales DetailsNet sales of 9,000 MT for 2025 were down 39 percent from the previous week and 27 percent from the prior 4-week average. Increases primarily for South Korea (4,500 MT, including decreases of 400 MT), Japan (2,800 MT, including decreases of 200 MT), Canada (1,000 MT, including decreases of 100 MT), Taiwan (600 MT, including decreases of 100 MT), and Mexico (400 MT, including decreases of 100 MT), were offset by reductions for China (1,200 MT) and the United Kingdom (100 MT).
Weekly Export DetailsExports of 10,900 MT were down 14 percent from the previous week and 22 percent from the prior 4-week average. The destinations were primarily to Japan (3,300 MT), South Korea (2,900 MT), Mexico (1,200 MT), Taiwan (1,100 MT), and Canada (800 MT).
Comments and Performance IndicatorsUSDA projects 2025 exports will fall 11.3% from a year ago.
Pork
Actual Sales (in MT)2025: 36,400
Weekly Sales DetailsNet sales of 36,400 MT for 2025 were up 19 percent from the previous week and 25 percent from the prior 4-week average. Increases primarily for China (12,700 MT, including decreases of 200 MT), Mexico (12,000 MT, including decreases of 300 MT), Japan (3,000 MT, including decreases of 100 MT), South Korea (1,800 MT, including decreases of 100 MT), and Canada (1,600 MT, including decreases of 300 MT), were offset by reductions for Nicaragua (200 MT).
Weekly Export DetailsExports of 24,100 MT were down 17 percent from the previous week and 12 percent from the prior 4-week average. The destinations were primarily to Mexico (10,500 MT), Japan (3,400 MT), South Korea (2,800 MT), China (1,800 MT), and Colombia (1,300 MT).
Comments and Performance IndicatorsUSDA projects exports in 2025 will fall 0.8% from last year.