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 May 7, 2026, listed corn net sales of 27.4 million bushels (mb), soybean net sales of 6.8 mb, and wheat net sales of 13.0 mb. All totals are old- and new-crop combined.

For the week ended May 7, USDA reported an increase of 27.0 mb (684,800 mt) of corn export sales in 2025-26 and an increase of 400 mt for 2026-27. Last week’s export shipments of 65.5 mb were above the 62.0 mb needed each week to achieve USDA’s export estimate of 3.300 billion bushels (bb) in 2025-26. Corn export commitments now total 3.061 bb in 2025-26 and are 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 corn stocks is 47% larger than the previous five-year average. 

For the week ended May 7, USDA reported an increase of 3.8 mb (102,100 mt) of soybean export sales in 2025-26 and an increase of 3.0 mb (80,800 mt) for 2026-27. Last week’s export shipments of 24.7 mb were above the 16.8 mb needed each week to achieve USDA’s export estimate of 1.530 bb in 2025-26. Soybean export commitments now total 1.434 bb in 2025-26 and are down 19% 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 16% larger than the previous five-year average.    

For the week ended May 7, USDA reported an increase of 4.9 mb (133,500 mt) of wheat export sales for 2025-26 and an increase of 8.1 mb (221,100 mt) for 2026-27. Last week’s export shipments of 16.2 mb were below the 20.9 mb needed each week to achieve USDA’s export estimate of 910 mb in 2025-26. Wheat export commitments now total 915 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 28% larger than the previous five-year average.