USDA Export Report: Corn Sales Hold at 64.4M Bushels; Soybeans Drop 15%, Wheat Hits Marketing-Year Low
By
Ben Potter
Master baker tier. Every paragraph earns its place on the tray.
Summary
USDA's latest export sales report shows corn exports remained relatively solid at 64.4 million bushels (40.0M old crop + 24.4M new crop), despite a significant week-over-week decline for old crop sales. Old crop soybean sales dropped 15% week-over-week, while old crop wheat sales fell to a marketing-year low as the 2025-26 marketing year nears its close. Grain prices were narrowly mixed following the report's release.
Key quotes
· 3 pulledUSDA's latest export sales report, out Friday morning and covering the week through May 21, didn't have a lot of bullish data points for traders to digest, leaving grain prices narrowly mixed following its release.
Corn exports remained relatively solid despite a big week-over-week decline for old crop sales.
Old crop wheat sales fell to a marketing-year low, although that is hardly a surprise, given the 2025-26 marketing year is quickly drawing to a close.
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