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 14, 2026, listed corn net sales of 94.8 million bushels (mb), soybean net sales of 19.2 mb, and wheat net sales of 10.9 mb. All totals are old- and new-crop combined.

For the week ended May 14, USDA reported an increase of 83.7 mb (2,125,300 mt) of corn export sales in 2025-26 and an increase of 11.1 mb (281,400 mt) for 2026-27. Last week’s export shipments of 56.9 mb were below the 61.8 mb needed each week to achieve USDA’s export estimate of 3.300 billion bushels (bb) in 2025-26. Corn export commitments now total 3.144 bb in 2025-26 and are up 26% 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 14, USDA reported an increase of 12.9 mb (351,400 mt) of soybean export sales in 2025-26 and an increase of 6.3 mb (172,700 mt) for 2026-27. Last week’s export shipments of 19.4 mb were above the 16.4 mb needed each week to achieve USDA’s export estimate of 1.530 bb in 2025-26. Soybean export commitments now total 1.447 bb in 2025-26 and are down 18% from a year ago. That is now slightly ahead of 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 14, USDA reported an increase of 6.1 mb (166,300 mt) of wheat export sales for 2025-26 and an increase of 4.8 mb (130,500 mt) for 2026-27. Last week’s export shipments of 8.5 mb were below the 22.4 mb needed each week to achieve USDA’s export estimate of 910 mb in 2025-26. Wheat export commitments now total 921 mb in 2025-26 and are up 17% 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.