Catch-Up Corn, Wheat Export Commitments Continue Higher Than Last Year; Soybeans Lower

OMAHA (DTN) — USDA’s catch-up Weekly Export Sales and Shipments report for the week ended Oct. 9 listed net corn sales of 52.2 million bushels (mb). Soybean net sales totaled 28.9 mb. Wheat net sales were 22.6 mb. All sales for 2025-26 delivery, except for a smidge of 2026-27 soybean sales.

For the week ended Oct. 9, 2025, USDA reported an increase of 52.2 mb (1,326,600 mt) of corn export sales in 2025-26 and 0 mb for 2026-27. Weekly export shipments of 44.2 mb were below the 57.0 mb needed each week to achieve USDA’s export estimate of 3.075 billion bushels (bb) in 2025-26. As of Oct. 9, corn export commitments totaled 1210.1 mb for 2025-26 and were up 55% from a year ago. That is ahead of USDA’s estimated pace at a time when USDA’s estimate of U.S. ending corn stocks is 48% larger than the previous 5-year average. 

For the week ended Oct. 9, 2025, USDA reported an increase of 28.8 mb (785,000 mt) of soybean export sales in 2025-26 and an increase of 0.1 mb (1,400 mt) for 2026-27. Weekly export shipments of 25.5 mb were below the 31.6 mb needed each week to achieve USDA’s export estimate of 1.635 bb in 2025-26. As of Oct. 9, soybean export commitments totaled 498.9 mb for 2025-26 and were down 37% from a year ago. That is behind USDA’s estimated pace at a time when USDA’s estimate of U.S. ending soybean stocks is less than 1% lower than the previous 5-year average.    

For the week ended Oct. 9, 2025, USDA reported an increase of 22.6 mb (613,900 mt) of wheat export sales for 2025-26 and 0 mb for 2026-27. Weekly export shipments of 14.3 mb were below the 15.2 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. As of Oct. 9, wheat export commitments totaled 568 mb for 2025-26 and were up 25% from a year ago. That is ahead of USDA’s estimated pace at a time when USDA’s estimate of U.S. ending wheat stocks is 24% larger than the previous 5-year average.