U.S. Wheat Exports Surge to Marketing-Year High

U.S. wheat export demand has strengthened sharply in recent weeks, according to an analysis of USDA data by Kansas State University. In the latest reporting week, shipments reached a marketing-year high of approximately 19.3 million bushels, up 7% from the previous week and 46% from the four-week average.

The largest destination for these exports was Japan, with about 5.9 million bushels, followed by Mexico at 4.8 million, Indonesia at 2.8 million, and Thailand at 2.2 million.

New wheat sales also accelerated, with exporters booking around 14.5 million bushels for the 2026/2027 marketing year, increasing 54% from the previous week and 40% from the recent four-week average.