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 Jan. 1, 2026, listed net-corn sales of 15.4 million bushels (mb), both old and new crop delivery. Soybean net sales totaled 32.3 mb for 2025-26. Wheat sales totaled 4.1 mb, including a .3 mb cancellation for new crop delivery.

For the week ended Jan. 1, USDA reported an increase of 14.9 mb (377,600 mt) of corn export sales in 2025-26 and an increase of 0.5 mb (11,900 mt) for 2026-27. Last week’s export shipments of 55.0 mb were below the 61.4 mb needed each week to achieve USDA’s export estimate of 3.200 billion bushels (bb) in 2025-26. Corn export commitments now total 2.004 bb in 2025-26 and are up 30% 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 40% larger than the previous five-year average.  

For the week ended Jan. 1, USDA reported an increase of 32.3 mb (877,900 mt) of soybean export sales in 2025-26 and 0 mb for 2026-27. Last week’s export shipments of 40.9 mb were above the 30.4 mb needed each week to achieve USDA’s export estimate of 1.635 bb in 2025-26. Soybean export commitments now total 1.050 bb in 2025-26 and are down 29% 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 five-year average.

For the week ended Jan. 1, USDA reported an increase of 4.4 mb (118,700 mt) of wheat export sales for 2025-26 and a decrease of 0.3 mb (9,300 mt) for 2026-27. Last week’s export shipments of 6.3 mb were below the 16.0 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 739 mb in 2025-26 and are up 18% 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.