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U.S. soybean and wheat exports dropped in late November 2025, while corn rose, as markets await proof of sustained Chinese demand after limited import resumption.
U.S. soybean and wheat exports fell in the week ending Nov. 6, 2025, compared to last year, with soybeans down to 1.09 million tons and wheat to 290,513 tons, while corn exports rose to 1.42 million tons.
Grain futures rose amid optimism over a potential end to the U.S. government shutdown, which has disrupted USDA data.
China resumed limited imports of U.S. agricultural goods, reinstating licenses for three soybean exporters and lifting tariffs on some products, though a 13% tariff on soybeans remains.
Markets remain cautious, awaiting concrete evidence of sustained Chinese demand.
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Las exportaciones estadounidenses de soja y trigo cayeron a fines de noviembre de 2025, mientras que el maíz aumentó, ya que los mercados esperan evidencia de una demanda china sostenida después de una reanudación limitada de las importaciones.