| USDA Weekly Export Sales Report Week Ended May 22, 2025 | |
| Corn | |
| Actual Sales (in MT) | 2024-25: 916,700 |
| Expectations (in MT) | 2024-25: 750,000-1,400,000 |
| Actual Sales (in MT) | 2025-26: 31,000 |
| Expectations (in MT) | 2025-26: 25,000-400,000 |
| Weekly Sales Details | Net sales of 916,700 MT for 2024/2025 were down 23 percent from the previous week and 34 percent from the prior 4-week average. Increases primarily for Japan (214,400 MT, including 60,000 MT switched from unknown destinations and decreases of 101,600 MT), Mexico (201,500 MT, including decreases of 53,800 MT), Colombia (157,900 MT, including 50,000 MT switched from unknown destinations and decreases of 62,900 MT), South Korea (70,500 MT, including 65,000 MT switched from unknown destinations), and Saudi Arabia (70,000 MT), were offset by reductions for unknown destinations (69,700 MT) and Panama (7,200 MT). Net sales of 31,000 MT for 2025/2026 were reported for Mexico (16,500 MT), Trinidad and Tobago (8,000 MT), and Honduras (6,500 MT). |
| Weekly Export Details | Exports of 1,598,300 MT were up 1 percent from the previous week, but unchanged from the prior 4-week average. The destinations were primarily to Japan (409,500 MT), Mexico (392,000 MT), Colombia (236,400 MT), South Korea (135,600 MT), and Guatemala (93,300 MT). |
| Comments and Performance Indicators | Export commitments are 28.2% ahead of a year-ago. 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: (128,800) |
| Expectations (in MT) | 2024-25: (200,000)-100,000 |
| Actual Sales (in MT) | 2025-26: 711,400 |
| Expectations (in MT) | 2025-26: 300,000-800,000 |
| Weekly Sales Details | Net sales reductions of 128,800 metric tons (MT) for 2024/2025 were up noticeably from the previous week, but down noticeably from the prior 4-week average. Increases primarily for Venezuela (50,800 MT, including 49,500 MT switched from unknown destinations), Nigeria (40,000 MT, including 37,000 MT switched from unknown destinations), Guatemala (19,900 MT, including 7,800 MT switched from El Salvador and 5,300 MT switched from unknown destinations), the Dominican Republic (7,100 MT), and Indonesia (6,000 MT), were more than offset by reductions for unknown destinations (103,400 MT), the Philippines (65,000 MT), South Korea (61,500 MT), Taiwan (32,300 MT), and El Salvador (3,000 MT). Net sales of 711,400 MT for 2025/2026 primarily for unknown destinations (213,000 MT), Mexico (140,000 MT), South Korea (115,000 MT), Indonesia (70,000 MT), and the Philippines (65,000 MT), were offset by reductions for Trinidad and Tobago (30,000 MT), Chile (6,500 MT), and El Salvador (5,700 MT). |
| Weekly Export Details | Exports of 501,200 MT were up 14 percent from the previous week and 12 percent from the prior 4-week average. The destinations were primarily to South Korea (134,000 MT), Indonesia (68,000 MT), Venezuela (57,800 MT), Nigeria (40,000 MT), and Peru (35,200 MT). |
| Comments and Performance Indicators | Export commitments are 13.1% ahead of year-ago. 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: 146,000 |
| Expectations (in MT) | 2024-25: 150,000-500,000 |
| Actual Sales (in MT) | 2025-26: 32,800 |
| Expectations (in MT) | 2025-26: 0-250,000 |
| Weekly Sales Details | Net sales of 146,000 MT for 2024/2025 were down 53 percent from the previous week and 58 percent from the prior 4-week average. Increases primarily for Mexico (52,200 MT, including decreases of 3,100 MT), Indonesia (27,400 MT, including decreases of 300 MT), Japan (18,700 MT), unknown destinations (12,900 MT), and Vietnam (11,500 MT, including decreases of 100 MT), were offset by reductions for China (200 MT). Net sales of 32,800 MT for 2025/2026 were reported for Mexico (30,300 MT) and Indonesia (2,500 MT). |
| Weekly Export Details | Exports of 209,300 MT--a marketing-year low--were down 17 percent from the previous week and 45 percent from the prior 4-week average. The destinations were primarily to Egypt (53,200 MT), Mexico (52,100 MT), Taiwan (30,600 MT), Indonesia (24,200 MT), and Japan (11,200 MT). |
| Comments and Performance Indicators | Export 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: 424,600 |
| Expectations | 2024-25: 150,000-400,000 |
| Actual Sales (in MT) | 2025-26: 178,500 |
| Expectations | 2025-26: 0-50,000 |
| Weekly Sales Details | Net sales of 424,600 MT for 2024/2025 were up 18 percent from the previous week and 57 percent from the prior 4-week average. Increases primarily for the Philippines (158,400 MT), Japan (97,000 MT), Mexico (31,100 MT, including decreases of 2,600 MT), unknown destinations (31,100 MT), and Honduras (26,400 MT, including decreases of 3,200 MT), were offset by reductions for El Salvador (30,900 MT), Panama (5,000 MT), the Dominican Republic (300 MT), Kuwait (200 MT), and the Leeward and Windward Islands (100 MT). Net sales of 178,500 MT for 2025/2026 were primarily for Honduras (36,200 MT), unknown destinations (35,000 MT), El Salvador (33,900 MT), Mexico (30,000 MT), and Nicaragua (23,900 MT). |
| Weekly Export Details | Exports of 269,800 MT were up 8 percent from the previous week and 4 percent from the prior 4-week average. The destinations were primarily to the Philippines (95,300 MT), Colombia (35,100 MT), Mexico (33,200 MT), Guatemala (23,400 MT), and Canada (18,800 MT). |
| Comments and Performance Indicators | Export commitments are 12.3% 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: 19,500 |
| Expectations (in MT) | 2024-25: 5,000-22,000 |
| Weekly Sales Details | Net sales of 19,500 MT for 2024/2025 were up 43 percent from the previous week and 56 percent from the prior 4-week average. Increases reported for Venezuela (14,300 MT, including 2,000 MT switched from Colombia and decreases of 300 MT), Jamaica (3,500 MT), Canada (2,300 MT), and Mexico (1,700 MT), were offset by reductions for Colombia (2,000 MT), Guatemala (200 MT), and the Dominican Republic (100 MT). |
| Weekly Export Details | Exports of 42,600 MT were up noticeably from the previous week and up 16 percent from the prior 4-week average. The destinations were primarily to Venezuela (17,700 MT), the Dominican Republic (13,400 MT), Mexico (6,000 MT), Guatemala (3,800 MT), and Honduras (1,200 MT). |
| Comments and Performance Indicators | Export 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: 118,700 |
| Weekly Sales Details | Net sales of Upland totaling 118,700 RB for 2024/2025 were down 16 percent from the previous week, but up 8 percent from the prior 4-week average. Increases primarily for Vietnam (65,600 RB, including 4,300 RB switched from Hong Kong, 1,500 RB switched from South Korea, and 900 RB switched from Pakistan), Bangladesh (17,300 RB, including decreases of 200 RB), Turkey (12,400 RB, including decreases of 200 RB), Malaysia (8,800 RB), and Guatemala (8,100 RB), were offset by reductions for Hong Kong (4,300 RB), Peru (1,800 RB), South Korea (1,500 RB), and China (200 RB). Net sales of 13,800 RB for 2025/2026 reported for Pakistan (5,700 RB), Thailand (3,500 RB), Peru (2,600 RB), and Turkey (2,000 RB), were offset by reductions for Mexico (100 RB). |
| Weekly Export Details | Exports of 275,400 RB were up 10 percent from the previous week, but down 18 percent from the prior 4-week average. The destinations were primarily to Vietnam (117,000 RB), Pakistan (34,300 RB), Turkey (33,900 RB), Bangladesh (18,100 RB), and Mexico (11,900 RB). Net sales reductions of Pima totaling 1,700 RB for 2024/2025--a marketing-year low--were down noticeably from the previous week and from the prior 4- week average. Increases reported for India (2,900 RB, including decreases of 500 RB), Indonesia (300 RB), China (100 RB), and South Korea (100 RB), were offset by reductions for Colombia (3,100 RB), Vietnam (1,700 RB), Egypt (200 RB), and Hong Kong (100 RB). Net Sales of Pima totaling 5,500 RB for 2025/2026 were primarily for Colombia (3,100 RB) and Vietnam (1,700 RB). Exports of 6,700 RB were down 12 percent from the previous week and 25 percent from the prior 4-week average. The destinations were primarily to Vietnam (2,700 RB), India (1,000 RB), China (900 RB), Ethiopia (900 RB), and Peru (700 RB). |
| Comments and Performance Indicators | Upland cotton export commitments are running 5.5% 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: 14,700 |
| Weekly Sales Details | Net sales of 14,700 MT for 2025 were up 20 percent from the previous week and 24 percent from the prior 4-week average. Increases were primarily for Japan (4,200 MT, including decreases of 800 MT), South Korea (3,100 MT, including decreases of 400 MT), Mexico (2,200 MT, including decreases of 100 MT), Taiwan (1,100 MT, including decreases of 100 MT), and China (1,100 MT). |
| Weekly Export Details | Exports of 12,700 MT were down 15 percent from the previous week and from the prior 4-week average. The destinations were primarily to Japan (4,000 MT), South Korea (4,000 MT), Mexico (1,300 MT), Taiwan (1,200 MT), and Canada (700 MT). |
| Comments and Performance Indicators | USDA projects 2025 exports will fall 11.3% from a year ago. |
| Pork | |
| Actual Sales (in MT) | 2025: 30,500 |
| Weekly Sales Details | Net sales of 30,500 MT for 2025 were down 19 percent from the previous week, but up 1 percent from the prior 4-week average. Increases primarily for Mexico (14,100 MT, including decreases of 500 MT), South Korea (6,500 MT, including decreases of 2,400 MT), Japan (3,400 MT, including decreases of 200 MT), Costa Rica (1,100 MT), and Guatemala (1,000 MT, including 100 MT switched from Costa Rica and decreases of 100 MT), were offset by reductions for China (800 MT) and Australia (100 MT). |
| Weekly Export Details | Exports of 28,900 MT were up 1 percent from the previous week and 9 percent from the prior 4-week average. The destinations were primarily to Mexico (13,700 MT), South Korea (3,700 MT), Japan (3,600 MT), Colombia (1,800 MT), and Canada (1,400 MT). |
| Comments and Performance Indicators | USDA projects exports in 2025 will fall 0.8% from last year. |
Weekly corn, soybean sales sputter
Corn sales during the week ended May 22 dipped 23%, while soybean sales declined 53%. Meanwhile, new-crop wheat sales remained firm.
(Chip Flory)