The latest U.S. Department of Agriculture (USDA) weekly export sales report showed an increase in pork and rice sales for the week ending February 20, driven by strong demand from key markets. However, sales of other major commodities, including corn, wheat, and soybean meal, saw declines compared to the previous week.
Pork exports reached 32,200 tons, marking a 26% increase from the prior week, with Mexico leading as the top buyer, followed by Japan, China, Colombia, and Canada. Shipments of 34,100 tons also showed growth, with Mexico accounting for the largest share. Rice sales stood at 183,100 tons, significantly exceeding the previous week’s figures. Iraq led purchases with 88,000 tons, followed by Mexico with 44,500 tons.
Corn exports were reported at 794,700 tons, a 45% decline from the previous week, while wheat sales dropped by 50% to 269,000 tons. Despite this, physical shipments of corn and soybeans remained above projected targets for the current marketing year.
Sorghum sales showed modest improvement at 23,000 tons, with Mexico and China as primary buyers. Meanwhile, soybean exports totaled 410,900 tons, reflecting a slight weekly decline but an overall increase compared to the four-week average. The USDA’s next supply and demand report, set for release on March 11, will provide further insights into export trends and market conditions.
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