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

OMAHA (DTN) — USDA’s Weekly Export Sales and Shipments report listed net corn sales of 89.0 million bushels (mb). Soybean net sales totaled 34.0 mb. Wheat net sales were 32.6 mb. All sales for 2025-26 delivery, except for a smidge of 2026-27 soybean sales.

For the week ended Oct. 2, 2025, USDA reported an increase of 89.0 mb (2,259,700 mt) of corn export sales in 2025-26 and 0 mb for 2026-27. Weekly export shipments of 72.1 mb were above the 58.5 mb needed each week to achieve USDA’s export estimate of 3.075 billion bushels (bb) in 2025-26. Corn export commitments as of Oct. 2 totaled 1156.8 mb in 2025-26 and were up 66% 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 48% larger than the previous 5-year average. 

For the week ended Oct. 2, USDA reported an increase of 33.8 mb (919,400 mt) of soybean export sales in 2025-26 and an increase of 0.2 mb (5,000 mt) for 2026-27. Weekly export shipments of 26.5 mb were below the 32.0 mb needed each week to achieve USDA’s export estimate of 1.635 bb in 2025-26. Soybean export commitments as of Oct. 2 totaled 470.0 mb in 2025-26 and were down 36% 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 less than 1% lower than the previous 5-year average.

For the week ended Oct. 2, USDA reported an increase of 32.6 mb (887,900 mt) of wheat export sales for 2025-26 and 0 mb for 2026-27. Weekly export shipments of 22.6 mb were above the 16.8 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments as of Oct. 2 totaled 545 mb in 2025-26 and were 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 wheat stocks is 24% larger than the previous five-year average.