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 March 5, 2026, listed net-corn sales of 60.5 million bushels (mb), soybean net sales of 17.1 mb, and wheat net sales of 18.2 mb. All totals are old- and new-crop delivery combined.

For the week ended March 5, USDA reported an increase of 60.3 mb (1,530,800 mt) of corn export sales in 2025-26 and 19,684 bushels (500 mt) for 2026-27. Last week’s export shipments of 67.4 mb were above the 65.5 mb needed each week to achieve USDA’s export estimate of 3.300 billion bushels (bb) in 2025-26. Corn export commitments now total 2.619 bb in 2025-26 and are up 32% 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 5, USDA reported an increase of 16.8 mb (456,700 mt) of soybean export sales in 2025-26 and an increase of 0.3 mb (9,500 mt) for 2026-27. Last week’s export shipments of 36.6 mb were above the 22.7 mb needed each week to achieve USDA’s export estimate of 1.575 bb in 2025-26. Soybean export commitments now total 1.341 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 March 5, USDA reported an increase of 16.7 mb (455,400 mt) of wheat export sales for 2025-26 and an increase of 1.5 mb (40,400 mt) for 2026-27. Last week’s export shipments of 15.9 mb were below the 17.5 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 863 mb in 2025-26 and are up 12% 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.