The U.S. wheat industry is seeing a resurgence in competitiveness as the 2025/26 marketing year begins, driven by favorable conditions including a weaker dollar, improved weather, and reduced trade barriers following USTR rulings on Section 301 actions against China. This price competitiveness has fueled a sharp increase in export sales. Since mid-April, U.S. wheat sales have surged 170%, with 3.1 million metric tons (MMT) booked in just five weeks. Key buyers like Mexico, Japan, and the Philippines increased purchases, and non-traditional markets such as Mauritius returned to buying U.S. wheat after a long hiatus.