The latest export sales report from USDA, out Thursday morning and covering the week through April 16, held another mixed bag of data for traders to digest. Corn sales led the way once again, despite fading slightly lower week-over-week. Soybean sales climbed 47% above the prior week’s volume, in contrast, with wheat sales also trending moderately higher this past week.
Corn exports found 69.1 million bushels in combined old and new crop sales last week. Old crop sales eased 6% lower week-over-week but still managed to stay 3% above the prior four-week average. Old crop sales were also slightly on the lower end of analyst estimates, which ranged between 39.4 million and 70.9 million bushels. Cumulative sales for the 2025-26 marketing year are trending 28% above last year’s pace so far after reaching 2.917 billion bushels.
Corn export shipments were a bit more robust after reaching 76.9 million bushels. Mexico, Japan, South Korea, Taiwan and Colombia were the top five destinations.
Sorghum exports notched 7.6 million bushels in sales last week, which was significantly above the prior four-week average. Increases to China, Mexico and Japan were slightly offset for reductions from unknown destinations.
Soybean exports tallied 13.6 million bushels in combined old and new crop sales last week. Old crop sales jumped 47% higher week-over-week but were still down 7% from the prior four-week average. That was also slightly on the lower end of analyst estimates, which ranged between 7.3 million and 22.0 million bushels. Cumulative sales for the 2025-26 marketing year are still trailing last year’s pace by 18% after reaching 1.415 billion bushels.
Soybean export shipments reached 28.2 million bushels last week, which was 12% below the prior four-week average. China, Egypt, Japan, Indonesia and Mexico were the top five destinations.
Wheat exports only captured 5.0 million bushels in combined old and new crop sales last week. Old crop sales were 25% below the prior four-week average but near the middle of trade guesses, which ranged between zero and 9.2 million bushels. Cumulative sales for the 2025-26 marketing year are tracking 15% above last year’s pace after reaching 900.3 million bushels.
Wheat export shipments climbed 49% above the prior four-week average, with 19.3 million bushels. The Philippines, Mexico, Thailand, Indonesia and Nigeria were the top five destinations.
Click here for more highlights from today’s USDA export sales report.