WASHINGTON, D.C. (RFD-TV) — U.S. corn export demand strengthened Monday after USDA announced a flash sale of roughly 68 million bushels to Mexico, adding to already heavy grain movement south of the border.
Strategic Farm Marketing’s Dave Chatterton says the sale was the second-largest U.S. corn sale ever reported to Mexico and the 15th-largest individual corn sale reported by USDA. The transaction represents roughly 1.7 million metric tons.
USDA inspections also showed about 20.5 million bushels of corn moved to Mexico during the week ending October 29. Total U.S. corn inspections reached 884,766 metric tons, up from 638,226 the previous week.
China remained active in soybeans. USDA inspected about 56 million bushels of soybeans for China last week, while Monday’s flash sales included roughly another 5 million bushels.
The latest activity reinforces a clear export pattern, with Mexico providing major corn demand while China remains concentrated primarily in U.S. soybeans.
