Weekly soybean sales hit marketing year low

Weekly soybean and wheat sales during the week ended June 5 each fell short of pre-report expectations, while corn declined 16% from the previous week.

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USDA Weekly Export Sales Report
(Chip Flory)
USDA Weekly Export Sales Report
Week Ended June 5, 2025
Corn
Actual Sales (in MT)2024-25: 791,300
Expectations (in MT)2024-25: 700,000-1,200,000
Actual Sales (in MT)2025-26: 29,600
Expectations (in MT)2025-26: 0-200,000
Weekly Sales DetailsNet sales of 791,300 MT for 2024/2025 were down 16 percent from the previous week and 33 percent from the prior 4-week average. Increases primarily for Japan (376,200 MT, including 143,900 MT switched from unknown destinations, 50,000 MT switched from Taiwan, and decreases of 3,000 MT), Mexico (164,400 MT, including decreases of 16,400 MT), Colombia (142,500 MT, including 70,000 MT switched from unknown destinations and decreases of 25,500 MT), South Korea (69,000 MT, including 66,000 MT switched from unknown destinations and decreases of 1,800 MT), and Egypt (56,400 MT, including 55,000 MT switched from unknown destinations and decreases of 2,300 MT), were offset by reductions for unknown destinations (164,600 MT), Panama (40,000 MT), Nicaragua (800 MT), and El Salvador (200 MT). Net sales reductions of 29,600 MT for 2025/2026 resulted in increases for Mexico (13,100 MT), Jamaica (9,700 MT), Canada (7,500 MT), and Japan (5,100 MT), were more than offset by reductions for unknown destinations (65,000 MT).
Weekly Export DetailsExports of 1,691,000 MT were up 3 percent from the previous week and 8 percent from the prior 4-week average. The destinations were primarily to Mexico (493,000 MT), Taiwan (281,700 MT), South Korea (199,000 MT), Japan (140,900 MT), and Colombia (129,100 MT).
Comments and Performance IndicatorsExport commitments are 26.0% ahead of year ago, compared to 27.1% 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)2025-26: 388,900
Expectations (in MT)2025-26: 400,000-600,000
Weekly Sales DetailsNet sales of 388,900 metric tons (MT) for the 2025/2026 marketing year, which began June 1, primarily for Mexico (97,200 MT, including decreases of 2,500 MT), Indonesia (70,000 MT), Japan (60,200 MT), Thailand (59,900 MT), and unknown destinations (58,200 MT), were offset by reductions for Honduras (1,700 MT). A total of 184,000 MT in sales were carried over from the 2024/2025 marketing year, which ended May 31.
Weekly Export DetailsExports for the period ending May 31, of 197,200 MT brought accumulated exports to 21,107,400 MT, up 14 percent from the prior year’s total of 18,529,700 MT. The destinations were primarily to South Korea (55,000 MT), Nigeria (38,500 MT), Japan (35,500 MT), Mexico (31,300 MT), and the Dominican Republic (26,600 MT). Exports for June 1-5 of 115,700 MT were to the Philippines (57,500 MT), Taiwan (3
Comments and Performance IndicatorsExport commitments are 22.2% ahead of year ago. USDA projects exports in 2025-26exports are projected at 800 million bu., down 2.4% from year-ago.
Soybeans
Actual Sales (in MT)2024-25: 61,400
Expectations (in MT)2024-25: 100,000-500,000
Actual Sales (in MT)2025-26: 58,100
Expectations (in MT)2025-26: 0-200,000
Weekly Sales DetailsNet sales of 61,400 MT for 2024/2025--a marketing-year low--were down 68 percent from the previous week and 74 percent from the prior 4-week average. Increases primarily for Indonesia (69,400 MT, including 55,000 MT switched from unknown destinations and decreases of 300 MT), Egypt (58,500 MT, including decreases of 1,500 MT), the Netherlands (57,100 MT, including 60,000 MT switched from unknown destinations and decreases of 2,900 MT), Algeria (42,000 MT, including 48,000 MT switched from unknown destinations and decreases of 6,000 MT), and Japan (41,100 MT, including 88,400 MT switched from unknown destination and decreases of 100 MT), were offset by reductions for unknown destinations (260,700 MT) and Mexico (11,200 MT). Net sales of 58,100 MT for 2025/2026 were primarily for Taiwan (19,500 MT), Japan (19,400 MT), Thailand (16,700 MT), the Philippines (1,000 MT), and Vietnam (600 MT).
Weekly Export DetailsExports of 453,400 MT were up 47 percent from the previous week and 51 percent from the prior 4-week average. The destinations were primarily to Mexico (95,600 MT), Indonesia (82,700 MT), Egypt (58,500 MT), the Netherlands (57,100 MT), and Japan (44,300 MT).
Comments and Performance IndicatorsExport commitments are running 11.4% 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: 214,500
Expectations2024-25: 150,000-400,000
Actual Sales (in MT)2025-26: 46,500
Expectations2025-26: 0-50,000
Weekly Sales DetailsNet sales of 214,500 MT for 2024/2025 were down 16 percent from the previous week and 35 percent from the prior 4-week average. Increases primarily for Vietnam (108,600 MT, including 47,000 MT switched from unknown destinations and decreases of 1,000 MT), Venezuela (56,000 MT), Bangladesh (54,500 MT, including 50,000 MT switched from unknown destinations), Colombia (46,200 MT, including 20,000 MT switched from unknown destinations and decreases of 3,100 MT), and Mexico (23,900 MT, including decreases of 300 MT), were offset by reductions for unknown destinations (120,000 MT) and Panama (9,900 MT). Net sales of 46,500 MT for 2025/2026 were reported for unknown destinations (39,000 MT) and Canada (7,500 MT, including 5,700 MT - late).
Weekly Export DetailsExports of 245,000 MT were up 3 percent from the previous week, but down 4 percent from the prior 4-week average. The destinations were primarily to Bangladesh (54,500 MT), the Philippines (50,100 MT), Mexico (35,400 MT), Canada (22,600 MT, including 11,700 MT - late), and Colombia (21,300 MT).
Comments and Performance IndicatorsExport commitments are 12.4% ahead of a year-ago. USDA projects exports in 2024-25 will increase 8.0% from the previous marketing year.
Soyoil
Actual Sales (in MT)2024-25: 5,600
Expectations (in MT)2024-25: 0-22,000
Weekly Sales DetailsNet sales of 5,600 MT for 2024/2025 were down 46 percent from the previous week and 61 percent from the prior 4-week average. Increases were reported for Mexico (3,900 MT), Canada (1,600 MT, including decreases of 1,000 MT), and Panama (100 MT). Total net sales reductions of 1,500 MT for 2025/2026 were for Canada.
Weekly Export DetailsExports of 12,800 MT were down 10 percent from the previous week and 60 percent from the prior 4-week average. The destinations were the Dominican Republic (6,000 MT), Mexico (4,900 MT), Canada (1,700 MT), and Panama (100 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: 60,200
Weekly Sales DetailsNet sales of Upland totaling 60,200 RB for 2024/2025 were down 45 percent from the previous week and 51 percent from the prior 4-week average. Increases primarily for Vietnam (28,000 RB, including 2,700 RB switched from Pakistan, 1,500 RB switched from Hong Kong, 200 RB switched from South Korea, and decreases of 600 RB), India (18,600 RB, including decreases of 100 RB), Pakistan (6,600 RB, including 1,300 RB switched from China), Mexico (5,700 RB, including decreases of 100 RB), and Bangladesh (3,400 RB), were offset by reductions primarily for Japan (1,500 RB), Hong Kong (1,500 RB), China (1,200 RB), Guatemala (1,000 RB), and Thailand (400 RB). Net sales of 36,100 RB for 2025/2026 reported for Vietnam (25,100 RB), Turkey (7,500 RB), Bangladesh (2,200 RB), Thailand (900 RB), and Japan (800 RB), were offset by reductions for Peru (400 RB).
Weekly Export DetailsExports of 236,300 RB were down 25 percent from the previous week and 19 percent from the prior 4-week average. The destinations were primarily to Vietnam (59,100 RB), Turkey (40,800 RB), Pakistan (35,800 RB), Bangladesh (28,100 RB), and India (13,500 RB). Net sales of Pima totaling 1,400 RB for 2024/2025 were down 79 percent from the previous week and 72 percent from the prior 4-week average. Increases reported for India (700 RB, including decreases of 900 RB), Pakistan (500 RB), Indonesia (300 RB, including 200 RB switched from Japan), and Malaysia (100 RB), were offset by reductions for Japan (200 RB). Total net Sales of Pima totaling 400 RB for 2025/2026 were for Japan. Exports of 5,800 RB were down 47 percent from the previous week and 33 percent from the prior 4-week average. The destinations were primarily to Pakistan (1,700 RB), India (1,300 RB), Costa Rica (900 RB), Thailand (400 RB), and Djibouti (400 RB).
Comments and Performance IndicatorsUpland cotton export commitments are running 7.6% 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: 15,300
Weekly Sales DetailsNet sales of 15,300 MT for 2025 were up 71 percent from the previous week and 21 percent from the prior 4-week average. Increases primarily for South Korea (6,100 MT, including decreases of 400 MT), Japan (3,200 MT, including decreases of 200 MT), Mexico (2,700 MT, including decreases of 100 MT), Taiwan (2,100 MT, including decreases of 100 MT), and Canada (1,400 MT, including decreases of 200 MT), were offset by reductions for China (2,000 MT).
Weekly Export DetailsExports of 14,500 MT were up 33 percent from the previous week and 12 percent from the prior 4-week average. The destinations were primarily to South Korea (5,300 MT), Japan (4,200 MT), Mexico (1,300 MT), Taiwan (1,300 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: 9,700
Weekly Sales DetailsNet sales of 9,700 MT for 2025 were down 73 percent from the previous week and 70 percent from the prior 4-week average. Increases primarily for Japan (3,600 MT, including decreases of 100 MT), Canada (1,900 MT, including decreases of 300 MT), Colombia (1,400 MT), South Korea (900 MT, including decreases of 500 MT), and China (700 MT, including decreases of 400 MT), were offset by reductions for Mexico (1,200 MT) and Honduras (600 MT).
Weekly Export DetailsExports of 33,800 MT were up 40 percent from the previous week and 25 percent from the prior 4-week average. The destinations were primarily to Mexico (12,800 MT), Japan (5,100 MT), Colombia (4,100 MT), China (3,200 MT), and South Korea (2,500 MT).
Comments and Performance IndicatorsUSDA projects exports in 2025 will fall 0.8% from last year.