Corn, Wheat Export Commitments Continue Higher Than Last Year; Soybeans Lower

OMAHA (DTN) — USDA’s Weekly Export Sales and Shipments report listed net corn sales of 75.7 million bushels (mb). Soybean net sales totaled 26.6 mb. Wheat net sales were 19.8 mb. All sales for 2025-26 delivery.

For the week ended Sept. 18, 2025, USDA reported an increase of 75.7 mb (1,923,400 mt) of corn export sales in 2025-26 and 0 mb for 2026-27. Last week’s export shipments of 51.8 mb were below the 55.2 mb needed each week to achieve USDA’s export estimate of 2.975 billion bushels (bb) in 2025-26. Corn export commitments now total 1.014 bb in 2025-26 and are up 75% 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 49% higher than the 5-year average.

For the week ended Sept. 18, USDA reported an increase of 26.6 mb (724,500 mt) of soybean export sales in 2025-26 and 0 mb for 2026-27. Last week’s export shipments of 18.8 mb were below the 32.1 mb needed each week to achieve USDA’s export estimate of 1.685 bb in 2025-26. Soybean export commitments now total 404.2 mb in 2025-26 and are down 37% 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 2% higher than the 5-year average.

For the week ended Sept. 18, USDA reported an increase of 19.8 mb (539,800 mt) of wheat export sales for 2025-26 and 0 mb for 2026-27. Last week’s export shipments of 32.9 mb were above the 16.8 mb needed each week to achieve USDA’s export estimate of 900 mb in 2025-26. Wheat export commitments now total 501 mb in 2025-26 and are up 24% 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 16% higher than the 5-year average.