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 16, 2026, listed corn net sales of 69.1 million bushels (mb), soybean net sales of 13.6 mb, and wheat net sales of 5.0 mb. All totals are old- and new-crop combined.

For the week ended April 16, 2026, USDA reported an increase of 51.8 mb (1,316,700 mt) of corn export sales in 2025-26 and an increase of 17.3 mb (440,100 mt) for 2026-27. Last week’s export shipments of 76.9 mb were above the 63.9 mb needed each week to achieve USDA’s export estimate of 3.300 billion bushels (bb) in 2025-26. Corn export commitments now total 2.917 bb in 2025-26 and are up 28% 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 16, 2026, USDA reported an increase of 13.4 mb (364,600 mt) of soybean export sales in 2025-26 and an increase of 0.2 mb (5,000 mt) for 2026-27. Last week’s export shipments of 28.2 mb were above the 18.0 mb needed each week to achieve USDA’s export estimate of 1.540 bb in 2025-26. Soybean export commitments now total 1.415 bb in 2025-26 and are down 18% from a year ago. That is even with 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 16, 2026, USDA reported an increase of 4.7 mb (129,000 mt) of wheat export sales for 2025-26 and an increase of 0.3 mb (8,000 mt) for 2026-27. Last week’s export shipments of 19.3 mb were above the 18.4 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 900 mb in 2025-26 and are up 15% 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 29% larger than the previous five-year average.