Export market for Wheat in Mexico (12월, 2022)

The USDA report, released on December 30, 2022, provided an update on the weekly net sales of key agricultural commodities in the United States for the 2022/23 season. It revealed that soybean and corn sales met market expectations, with soybean sales totaling 705.80 thousand tons, dominated by China's purchases, and corn sales amounting to 781.60 thousand tons, primarily to Mexico. Wheat sales, however, surpassed expectations, with Japan showing strong interest. Additionally, wheat and corn sales for the 2023/24 cycle were notable, with wheat sales to Mexico and corn sales to Japan contributing significantly. Finally, cotton sales were slightly below the previous week's figures, but show strong prospects for the 2023/24 cycle, especially with Mexico's interest, and cotton shipments have also been robust. Overall, the report highlights the dynamic nature of global agricultural markets, with China, Mexico, and Japan playing key roles in the demand for U.S. agricultural products.