US wheat net sales fell to a marketing year low of 194,200 metric tons for the week ending September 3, representing a 38% decrease from the previous week and 43% drop from the four-week average, according to the USDA's weekly export report.
- US wheat net sales reached 194,200 metric tons, marking a marketing year low
- Weekly sales declined 38% from the previous week and 43% from the four-week average
- The Philippines led purchases with 88,400 MT, followed by Ecuador at 30,000 MT
- Wheat exports performed better at 493,600 MT, up 4% from the previous week, with Mexico as the top destination
- Data comes from the US Department of Agriculture's weekly export report for the week ending September 3
US wheat net sales fell to a marketing year low of 194,200 metric tons for the week ending September 3, down 38% from the previous week and 43% from the prior four-week average, according to the US Department of Agriculture’s weekly export report.
The Philippines led wheat purchases with 88,400 MT, followed by Ecuador at 30,000 MT, which switched from Panama. Mexico bought 28,500 MT despite 16,000 MT in decreases, while Japan purchased 22,200 MT with 13,000 MT in reductions. Honduras rounded out the top buyers at 19,000 MT.
Wheat exports performed better than sales, reaching 493,600 MT, up 4% from the previous week. Mexico took delivery of 117,300 MT, making it the top destination, followed by Indonesia at 69,300 MT and Vietnam at 65,900 MT.
Corn dominates as new marketing year starts
The corn sector showed strong performance as the 2026/2027 marketing year began September 1. Net sales reached 1,928,700 MT, with Mexico accounting for 861,100 MT of purchases, including 13,500 MT in decreases. Japan followed with 294,300 MT, and Colombia bought 174,100 MT.
A substantial 15,597,200 MT in corn sales carried over from the 2025/2026 marketing year, which ended August 31. Accumulated exports for that period totaled 86,014,300 MT, up 25% from the prior year’s 69,081,400 MT.
For the first three days of September, corn exports reached 775,400 MT, primarily going to Mexico at 356,700 MT, Colombia at 124,300 MT, and South Korea at 73,000 MT.
Soybean sales surge despite lower annual totals
Soybean net sales for the new 2026/2027 marketing year totaled 2,637,300 MT, with China purchasing 1,222,000 MT. Indonesia bought 222,200 MT, Mexico acquired 169,300 MT, and Taiwan purchased 122,700 MT.
Despite strong weekly numbers, accumulated soybean exports for the marketing year ending August 31 totaled 41,006,500 MT, down 18% from the prior year’s 50,105,900 MT. The Netherlands, Egypt and Bangladesh were the top destinations during that period.
For September 1-3, soybean exports of 180,600 MT went primarily to Spain at 72,500 MT, Egypt at 56,900 MT, and Algeria at 45,400 MT.
Soybean meal exports climb
Soybean cake and meal net sales for 2026/2027 reached 284,500 MT, with Mexico buying 41,200 MT, Morocco purchasing 38,000 MT, and Honduras acquiring 37,500 MT. Exports totaled 248,300 MT, up 26% from the previous week, with Colombia taking 75,700 MT and Mexico receiving 46,400 MT.
Cotton and hides report steady activity
Upland cotton net sales reached 73,900 running bales for 2026/2027, with Pakistan buying 19,400 RB and Vietnam purchasing 17,500 RB. Exports totaled 177,800 RB, primarily to Vietnam and India.
Hides and skins net sales of 143,500 pieces were down 50% from the previous week. China bought 99,300 whole cattle hides, while Brazil purchased 28,700 pieces. Exports reached 190,100 whole cattle hides, down 43% from the previous week, with China taking delivery of 120,500 pieces.
