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 23, 2026, listed corn net sales of 62.9 million bushels (mb), soybean net sales of 9.6 mb, and wheat net sales of 14.1 mb. Soybean and wheat totals are old- and new-crop combined; corn is all old crop sales.

For the week ended April 23, USDA reported an increase of 62.9 mb (1,597,800 mt) of corn export sales in 2025-26 and no change for 2026-27. Last week’s export shipments of 63.4 mb were above the 63.1 mb needed each week to achieve USDA’s export estimate of 3.300 billion bushels (bb) in 2025-26. Corn export commitments now total 2.980 bb in 2025-26 and are up 29% 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 23, USDA reported an increase of 9.5 mb (258,100 mt) of soybean export sales in 2025-26 and an increase of 0.1 mb (3,000 mt) for 2026-27. Last week’s export shipments of 22.4 mb were above the 17.5 mb needed each week to achieve USDA’s export estimate of 1.540 bb in 2025-26. Soybean export commitments now total 1.425 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 23, USDA reported an increase of 8.3 mb (226,100 mt) of wheat export sales for 2025-26 and an increase of 5.8 mb (156,700 mt) for 2026-27. Last week’s export shipments of 15.1 mb were below the 18.2 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 907 mb in 2025-26 and are up 16% 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.