Friday June 27th, 2025
- The grain market is ending off this week in the green, recovering after a tough few days.
- Flash Sale: Exporters sold 119,746MT of soybeans to Mexico for 2025/2026
- USDA Drought Monitor: The corn belt saw widespread rainfall last week, which helped ease drought conditions even with the above normal temperatures.
- US Exports:
- Corn export sales declined last week, down 18% compared to the previous week and 17% from the prior 4 week average.
- Columbia was the largest corn buyer of the week.
- Soybean export sales were at 402,900MT, this is down 16% from the previous week but up 83% from the prior 4 week average.
- Netherlands was the largest soybean buyer for the week.
- Wheat sales were below pre-report expectations and down 40% from the previous week.
- Corn export sales declined last week, down 18% compared to the previous week and 17% from the prior 4 week average.
- USDA will release its Planted Acreage and quarterly Grain Stocks report on Monday.
- Traders expect US corn acres to rise slightly compared to March. They are also expecting a slight increase to US soybean acres.