Corn Exports 2024 – 25: More Than on Track?
Strong Sales Pace Points to Exceptional Export Year
In a year overshadowed by tariffs and global uncertainty, U.S. corn exports are not only holding steady—they're soaring. Over the past five weeks, average weekly export sales have reached just under 48 million bushels, quadrupling the weekly pace needed to meet the USDA’s 2.55-billion-bushel export target for the 2024–25 marketing year, albeit unadjusted for seasonality.
What's Driving the Surge?
Abundant domestic supply
Competitive U.S. pricing
A disappointing Brazilian harvest last summer
A weakened U.S. dollar, boosting export appeal
Despite near-radio silence in USDA daily export reports leading up to recent tariffs, activity picked up sharply post-implementation. Within two weeks, five days of significant sales were reported, hinting at renewed international demand.
USDA’s Outlook: Second-Highest Export Volume in History?
The USDA’s April forecast puts 2024–25 corn exports at 2.55 billion bushels—potentially the second largest ever recorded. Ending stocks are projected to drop to 1.465 billion bushels, down 17% from 2023, thanks largely to this export boom.
Bottom Line
Even with tariff jitters and global economic volatility, U.S. corn exports are not just on track—they're exceeding expectations.
Source: USDA WASDE
Kyle Adams
Crop Insurance Expert | Marketing Advisor, Eastern Corn Belt
With more than a decade of experience as a crop insurance agent, Kyle integrates our marketing strategies with crop insurance products to maximize both sets of tools, creating a well-rounded risk management program for our clients.
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