Corn, Wheat Export Commitments Continue Higher Than Last Year; Soybeans Lower But Narrowing the Gap

OMAHA (DTN) — USDA’s Weekly Export Sales and Shipments report for the week ended Feb. 19, 2026, listed net-corn sales of 27.5 million bushels (mb), soybean net sales of 15.0 mb, and wheat net sales of 12.8 mb. Corn and wheat sales totals are old- and new-crop delivery combined. Soybean sales were all old crop.

For the week ended Feb. 19, USDA reported an increase of 27.0 mb (685,800 mt) of corn export sales in 2025-26 and an increase of 0.5 mb (11,700 mt) for 2026-27. Last week’s export shipments of 77.5 mb were above the 63.2 mb needed each week to achieve USDA’s export estimate of 3.300 bb in 2025-26. Corn export commitments now total 2.479 billion bushels (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 Feb. 19, USDA reported an increase of 15.0 mb (407,100 mt) of soybean export sales in 2025-26 and 0 mb for 2026-27. Last week’s export shipments of 29.8 mb were above the 22.5 mb needed each week to achieve USDA’s export estimate of 1.575 bb in 2025-26. Soybean export commitments now total 1.310 bb in 2025-26 and are down 19% 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 Feb. 19, USDA reported an increase of 8.9 mb (243,000 mt) of wheat export sales for 2025-26 and an increase of 3.9 mb (107,000 mt) for 2026-27. Last week’s export shipments of 19.8 mb were above the 16.0 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 839 mb in 2025-26 and are up 15% 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.