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 March 26, 2026, listed net-corn sales of 49.3 million bushels (mb), soybean net sales of 13.0 mb, and wheat net sales of 10.9 mb. All totals are old- and new-crop delivery combined.

For the week ended March 26, USDA reported an increase of 45.3 mb (1,149,400 mt) of corn export sales in 2025-26 and an increase of 4.0 mb (102,600 mt) for 2026-27. Last week’s export shipments of 78.5 mb were above the 64.7 mb needed each week to achieve USDA’s export estimate of 3.300 billion bushels (bb) in 2025-26. Corn export commitments now total 2.757 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 March 26, USDA reported an increase of 13.0 mb (353,300 mt) of soybean export sales in 2025-26 and 0 mb for 2026-27. Last week’s export shipments of 25.1 mb were above the 20.8 mb needed each week to achieve USDA’s export estimate of 1.575 bb in 2025-26. Soybean export commitments now total 1.382 bb in 2025-26 and are down 18% 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 20% larger than the previous five-year average.

For the week ended March 26, USDA reported an increase of 0.9 mb (23,500 mt) of wheat export sales for 2025-26 and an increase of 10.0 mb (272,800 mt) for 2026-27. Last week’s export shipments of 12.5 mb were below the 17.3 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 886 mb in 2025-26 and are up 14% 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.