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 19, 2026, listed net-corn sales of 53.2 million bushels (mb), soybean net sales of 25.6 mb, and wheat net sales of 22.2 mb. All totals are old- and new-crop delivery combined.

For the week ended March 19, USDA reported an increase of 47.9 mb (1,217,800 mt) of corn export sales in 2025-26 and an increase of 5.3 mb (135,000 mt) for 2026-27. Last week’s export shipments of 66.1 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 2.712 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 46% larger than the previous five-year average. 

For the week ended March 19, USDA reported an increase of 24.6 mb (668,900 mt) of soybean export sales in 2025-26 and an increase of 1.0 mb (27,000 mt) for 2026-27. Last week’s export shipments of 49.4 mb were above the 21.6 mb needed each week to achieve USDA’s export estimate of 1.575 bb in 2025-26. Soybean export commitments now total 1.369 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 19, USDA reported an increase of 14.6 mb (397,200 mt) of wheat export sales for 2025-26 and an increase of 7.6 mb (205,800 mt) for 2026-27. Last week’s export shipments of 14.1 mb were below the 17.9 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 885 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.