Corn and Soybean Exports Lead Weekly Sales Report

Corn and soybean exports continue supporting demand levels.

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Photo by Ralf Gosch via Photo by Ralf Gosch via AdobeStock

WASHINGTON, D.C. (RFD NEWS) — U.S. grain export demand remained solid in the latest weekly report, for March 27, with corn and soybeans leading overall activity while wheat also showed improvement.

USDA data for the week ending March 19 show that corn sales reached about 48 million bushels, up slightly from the prior week, with strong demand from Mexico, Colombia, and the Dominican Republic. Corn exports totaled roughly 66 million bushels, with Mexico and Japan among the top destinations.

Soybean sales came in near 24.6 million bushels, showing a sharp increase from recent weeks, led by China, Germany, and Mexico. Shipments were strong at approximately 49 million bushels, with China accounting for a large share of total movement.

Wheat sales improved to about 14.6 million bushels, with notable buying from the Philippines, Taiwan, and Mexico. Exports were steady near 14 million bushels, though still running below recent averages.

Sorghum sales were limited due to cancellations, but exports remained active and heavily concentrated toward China. Rice sales and shipments both declined week-over-week, reflecting softer demand.

Overall export activity points to steady corn demand, improving soybean movement, and modest gains in wheat as global trade flows continue to develop.

Farm-Level Takeaway: Corn and soybean exports continue supporting demand levels.
Tony St. James, RFD NEWS Markets Specialist

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Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

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