USDA reported a private export sale of 135,000 MT of corn to South Korea for new crop shipment (corrected from China as originally posted). In addition, 284,196 MT of corn was reported for unknown destinations, including 83,956 MT for 2024/25 and 200,240 MT for 2025/26.

Export sales data showed a total of 643,060 MT of 2024/25 corn sold in the week ending July 17, which was significantly higher than the previous week and nearly double the same week last year. Mexico was the top buyer with 346,200 MT, while Japan purchased 72,400 MT. New crop sales totaled 733,939 MT, up from last week’s 3-week low. Unknown destinations were the top buyer with 349,700 MT, while Japan purchased 171,800 MT.

Another round of tenders by South Korean importers saw estimated purchases of at least 268,000 MT, some of which likely relates to the U.S. sales mentioned above.