US soybean exports rise

Published 2025년 5월 2일

Tridge summary

The USDA's latest report highlights a significant 55% rise in U.S. soybean sales for the 2024/25 harvest, reaching 428.2 thousand tons, with China as the primary buyer despite ongoing trade tensions. Additionally, 50 thousand tons have been sold to Mexico for the 2025/26 harvest. Improved weather in the U.S. agricultural regions has reduced drought conditions, potentially leading to lower prices due to an anticipated good supply. In Brazil, soybean prices vary by region, while globally, there are speculations about a possible easing of U.S.-China trade tensions, which could enhance export volumes and increase soybean prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to data from the TF Agroeconômica Analysis Department, based on the USDA's weekly report released on April 25, U.S. sales of soybeans for the 2024/25 harvest totaled 428.2 thousand tons in the week ending April 24, an increase of 55% compared to the previous week. China led purchases with 139.4 thousand tons, even amid trade tensions. Sales of 50 thousand tons for the 2025/26 harvest were also reported, all of which were destined for Mexico. This movement in exports occurred in parallel with the improvement in weather conditions in the U.S. agricultural belt. The area with some level of drought was reduced from 21% to 15%, according to data updated by the USDA, reflecting the positive impact of recent rains. The expectation is that the climate scenario will continue to put downward pressure on prices, due to the expected good supply. Meanwhile, prices paid to Brazilian producers have varied behavior. In Rio Grande do Sul, for example, there was an increase in Campo ...

Source: Agrolink