The U.S. agricultural export scenario experienced a transformation in 2025, with diversification of export destinations emerging as an important factor for both the corn and soybean markets. Purdue University’s Center for Commercial Agriculture says the biggest change in U.S. soybean exports between 2024 and 2025 has been the diversification of destination markets. While 2025 soybean export levels are tracking below 2024 and aren’t likely to reach last year’s volumes even with November and December data, the diversification has helped moderate what could have been a far more severe reduction. Despite reductions in corn purchases from top markets like Mexico, Japan, and Colombia, overall export volumes have already exceeded 2024 levels, even with data only available through early November. This shows diversification can not only cushion declines but also drive growth with favorable market conditions.
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