The first export sales report from the United States Department of Agriculture in six weeks reveals robust demand for corn, steady wheat shipments, and declining soybean exports, reflecting shifting global trade patterns and market dynamics.
Corn export sales reached 2.39 million metric tons for the week ending October 2, with outstanding corn sales totaling 22.56 million metric tons and cumulative exports at 6.82 million metric tons for the marketing year. USDA projects record corn exports of 75.57 million metric tons for 2025/26, supported by strong sales to key markets including Mexico, Japan, and Colombia.
Soybean export sales totaled 969,800 metric tons, with outstanding sales at 9.88 million metric tons and cumulative exports at 2.91 million metric tons. The decline is largely due to reduced purchases from China, the largest buyer historically. However, soybean meal exports rose to 451,000 metric tons this week, reflecting increased domestic crushing.
Wheat export sales were mixed across classes. All wheat sales jumped to 921,200 metric tons, with outstanding sales climbing to 4.83 million metric tons and cumulative exports reaching 6.16 million metric tons. Hard red winter wheat sales increased notably, while soft red winter wheat sales dipped slightly. Export demand remains strong in Asia, Africa, and the Western Hemisphere.
Other commodities such as grain sorghum and cottonseed also saw increased sales, while rice exports declined compared to last year.
