WASHINGTON, D.C. (RFD NEWS) — Export demand showed mixed signals this week, with corn maintaining strong sales while soybeans posted a marketing-year low, raising concerns about near-term price support for producers.
Corn export sales reached 55.1 million bushels, up from the prior week and above the four-week average, with strong demand from Japan, South Korea, and Mexico. Export shipments totaled 61.3 million bushels, led by Mexico and key Asian buyers, reinforcing steady global demand for U.S. corn.
Soybeans, however, saw sales drop to just 9.1 million bushels — a marketing-year low — signaling weak forward demand. Despite that, exports were stronger at 30.1 million bushels, with China taking 12.7 million bushels, highlighting continued reliance on shipment flow rather than new buying.
Wheat sales came in at 3.7 million bushels, sharply lower week-over-week, while exports totaled 11.5 million bushels, reflecting softer demand trends. Cotton sales declined significantly, down 50% from the prior week, with ongoing demand centered in Vietnam, Turkey, and Pakistan.
In livestock, pork sales improved modestly with China purchasing 3,800 metric tons, while beef demand remained steady, led by South Korea and Japan.
(Tags: Export Sales, Corn, Soybeans, Wheat, Cotton, Pork, Beef, China, USDA, Global Trade)
