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. 16 listed net corn sales of 133.6 million bushels (mb), for mixed 2025-26 and 2026-27 delivery. Soybean net sales totaled 40.7 mb. Wheat net sales were 12.5 mb. All soybean and wheat sales were for 2025-26 delivery.

For the week ended Oct. 16, 2025, USDA reported an increase of 111.1 mb (2,822,600 mt) of corn export sales in 2025-26 and an increase of 22.5 mb (571,500 mt) for 2026-27. The week’s export shipments of 55.5 mb were below the 55.9 mb needed each week to achieve USDA’s export estimate of 3.075 billion bushels (bb) in 2025-26. As of Oct. 16, corn export commitments totaled 1.321 bb in 2025-26 and were up 43% 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 5year average.

For the week ended Oct. 16, 2025, USDA reported an increase of 40.7 mb (1,108,000 mt) of soybean export sales in 2025-26 and 0 for 2026-27. The week’s export shipments of 63.6 mb were above the 31.1 mb needed each week to achieve USDA’s export estimate of 1.635 bb in 2025-26. As of Oct. 16, soybean export commitments totaled 539.6 mb in 2025-26 and were down 38% 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. 16, USDA reported an increase of 12.5 mb (341,300 mt) of wheat export sales for 2025-26 and 0 mb (0 mt) for 2026-27. The week’s export shipments of 21.9 mb were above the 14.8 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. As of Oct. 16, wheat export commitments totaled 581 mb in 2025-26 and were up 22% 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