The U.S. Department of Agriculture says wheat sales through the week ending on September 5, 2024, came in at 4745,000 metric tons, up 40 percent from the previous week and 11 percent over the prior four-week average.
Taiwan was the top buyer at 105,400 tons. Wheat exports for the week totaled 542,000 tons, up 15 percent week over week. Corn sales to overseas buyers, as the marketing year ended, were reported at 665,000 metric tons. Mexico was the biggest buyer, purchasing 180,300 tons. Accumulated exports for the 2023-2024 marketing year ended at 54.3 million metric tons, up 38 percent year over year. Soybean sales in the new marketing year totaled 1.47 million metric tons. China was the top buyer at 962,6000 tons. Soybean exports ended the marketing year at 44.5 million metric tons, 15 percent below the prior year. The 2024-2025 marketing year for both corn and soybeans started on September 1.
