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U.S. Corn Exports Well Above Last Year’s Pace

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(NAFB.com) – A USDA report says exports of corn continued their torrid pace while soybean shipments remained well behind 2024 year-end totals during the week ending on November 13. The report contains the latest export sales data as USDA continues playing catchup after the government shutdown that ended a month ago. Corn exports from the start of the marketing year through mid-November totaled 16.23 million metric tons, which the agency says is up 74 percent year over year. Commitments from overseas buyers to purchase U.S. corn were up 30 percent annually to 40.72 million metric tons. Soybean exports plunged 41 percent to 10.048 million metric tons. USDA said promises to purchase U.S. soybeans were reported at 18.043 million metric tons, also down 41 percent year over year. Wheat exports from the start of the marketing year totaled 12.196 million metric tons, up 23 percent annually.