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

OMAHA (DTN) — USDA’s Weekly Export Sales and Shipments report for the week ended April 2, 2026, listed net-corn sales of 54.0 million bushels (mb), soybean net sales of 10.9 mb, and wheat net sales of 9.3 mb. Corn and wheat are old- and new-crop delivery combined; soybean sales are old crop only.

For the week ended April 2, USDA reported an increase of 53.6 mb (1,361,300 mt) of corn export sales in 2025-26 and an increase of 0.4 mb (11,400 mt) for 2026-27. Last week’s export shipments of 72.0 mb were above the 64.2 mb needed each week to achieve USDA’s export estimate of 3.300 billion bushels (bb) in 2025-26. Corn export commitments now total 2.810 bb in 2025-26 and are up 30% 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 46% larger than the previous five-year average. 

For the week ended April 2, USDA reported an increase of 10.9 mb (295,400 mt) of soybean export sales in 2025-26 and no change for 2026-27. Last week’s export shipments of 23.4 mb were above the 20.4 mb needed each week to achieve USDA’s export estimate of 1.575 bb in 2025-26. Soybean export commitments now total 1.393 bb in 2025-26 and are down 18% 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 20% larger than the previous five-year average.    

For the week ended April 2, USDA reported an increase of 6.0 mb (163,600 mt) of wheat export sales for 2025-26 and an increase of 3.3 mb (90,700 mt) for 2026-27. Last week’s export shipments of 13.6 mb were above the 11.3 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 892 mb in 2025-26 and are up 14% 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 28% larger than the previous five-year average.