US Pork Exports Surge as Global Demand Remains Strong
Pork export sales have seen a significant increase during the week ending September 17th, according to the USDA. Mexico and China combined for more than half of the total pork exports, with Mexico being one of the biggest buyers of U.S. pork. While China is largely self-sufficient in pork production, it still purchases U.S. pork when prices are favorable.
Cotton and rice export sales have also topped their respective averages during this period. The 2025/26 marketing year for soybean products began on October 1st, while the 2026/27 marketing year started on different dates for various commodities, including wheat, August 1st, corn, sorghum, and soybeans, September 1st.
Wheat exports have seen a decline of 18% from the previous week and 13% from the four-week average. Mexico purchased 113,400 tons, while Japan bought 87,600 tons. For the 2026/27 marketing year, wheat exports are currently at 344.2 million bushels, compared to 501.2 million in the previous year.