Export Sales Summary
Ending Weekly Sales 1000 MT (Cotton in 1000 RB) Sales Needed Per Week to Meet USDA Est. Current Yr % of USDA Est 5 Yr. Avg. % of USDA Est
Soybeans - 2025/2026 Marketing Year
Jun-11 424.9 44.6 98.7% 97.9%
Jun-04 211.3 74.8 97.2% 97.2%
May-28 276.9 84.9 96.8% 96.8%
May-21 299.9 98.1 96.5% 96.5%
May-14 351.4 111.0 96.2% 96.2%
Soymeal - 2025/2026 Marketing Year
Jun-11 283.9 95.3 91.7% 86.9%
Jun-04 395.7 106.5 86.0% 86.0%
May-28 169.3 122.7 84.5% 84.5%
May-21 304.0 125.2 83.1% 83.1%
May-14 475.9 134.2 80.9% 80.9%
Bean Oil - 2025/2026 Marketing Year
Jun-11 2.2 6.6 78.2% 80.9%
Jun-04 0.8 6.3 79.4% 79.4%
May-28 0.0 6.0 77.7% 77.7%
May-21 3.4 5.7 77.1% 77.1%
May-14 1.0 5.6 75.7% 75.7%
Corn - 2025/2026 Marketing Year
Jun-11 1,157.1 46.3 99.4% 94.0%
Jun-04 1,000.4 134.7 93.4% 93.4%
May-28 883.3 198.5 92.6% 92.6%
May-21 1,015.3 245.5 91.6% 91.6%
May-14 2,125.3 294.9 90.9% 90.9%
Wheat - 2026/2027 Marketing Year
Jun-11 400.8 252.6 23.7% 24.0%
Jun-04 666.3 254.9 22.5% 22.5%
May-28 838.5 261.2 17.8% 17.8%
May-21 1,057.5 269.8 15.9% 15.9%
May-14 130.5 281.5 14.3% 14.3%
Cotton - 2025/2026 Marketing Year
Jun-11 177.1 -115.5 112.9% 107.7%
Jun-04 207.0 -92.2 106.9% 106.9%
May-28 185.3 -70.1 105.2% 105.2%
May-21 153.6 -52.6 103.4% 103.4%
May-14 131.8 -39.4 102.3% 102.3%
Weekly Export Sales Estimates
Range Last
Current & Next Year Low High Week Year
Corn 800 2,000 1927 1059
Soybeans 150 800 353 556
Soybean Meal 100 550 426 174
Soybean Oil 0 10 1 -2
Wheat 300 650 761 427

Highlights

SOY COMPLEX
The Export Sales Report showed that for the week ending June 11, net soybean sales came in at 424,869 tonnes for the current marketing year and 304,083 for the next marketing year for a total of 728,952. Cumulative soybean sales have reached 98.7% of the USDA forecast for the 2025/2026 marketing year versus a 5 year average of 97.9%. Sales need to average 45,000 tonnes per week to reach the USDA forecast.

Net meal sales came in at 283,931 tonnes for the current marketing year and 120,183 for the next marketing year for a total of 404,114. Cumulative meal sales have reached 91.7% of the USDA forecast for the 2025/2026 marketing year versus a 5 year average of 86.9%. Sales need to average 95,000 tonnes per week to reach the USDA forecast.

Net oil sales came in at 2,231 tonnes for the current marketing year and none for the next marketing year. Cumulative oil sales have reached 78.2% of the USDA forecast for the 2025/2026 marketing year versus a 5 year average of 80.9%. Sales need to average 6,600 tonnes per week to reach the USDA forecast.


CORN
The Export Sales Report showed that for the week ending June 11, net corn sales came in at 1,157,057 tonnes for the current marketing year and 519,035 for the next marketing year for a total of 1,676,092. Cumulative sales have reached 99.4% of the USDA forecast for the 2025/2026 marketing year versus a 5 year average of 94.0%. Sales need to average 46,000 tonnes per week to reach the USDA forecast.

WHEAT
The Export Sales Report showed that for the week ending June 11, net wheat sales came in at 400,844 tonnes for the current marketing year and 26,900 for the next marketing year for a total of 427,744. Cumulative sales have reached 23.7% of the USDA forecast for the 2026/2027 marketing year versus a 5 year average of 24.0%. Sales need to average 253,000 tonnes per week to reach the USDA forecast.

COTTON
The Export Sales Report showed that for the week ending June 11, net cotton sales came in at 177,098 bales for the current marketing year and 188,395 for the next marketing year for a total of 365,493. Cumulative sales have reached 112.9% of the USDA forecast for the 2025/2026 marketing year versus a 5 year average of 107.7%.

Definition

The Export Sales Reporting Program monitors U.S. agricultural export sales on a daily and weekly basis.

The program requires U.S. exporters to report sales of certain commodities to FAS each week. Commodities currently covered by the program are wheat, wheat products, barley, corn, grain sorghum, oats, rye, rice, soybeans, soybean cake and meal, soybean oil, cotton, cottonseed, cottonseed cake and meal, cottonseed oil, sunflowerseed oil, flaxseed, linseed oil, cattle hides and skins, beef and pork. FAS publishes a weekly summary of export sales activity every Thursday at 8:30 a.m. Eastern time, unless a change is announced.

In addition to the weekly requirement, daily reporting is required when a single exporter sells 100,000 metric tons or more of wheat, corn, grain sorghum, barley, oats, soybeans, soybean cake or soybean meal, or 20,000 metric tons or more of of soybean oil, to a single destination on a single day. FAS issues a summary of daily sales at 9 a.m. Eastern time on the following business day. Daily sales are also included in the weekly report. (See the latest daily sales reports below, under News.)

Description

This report allows analysts to monitor export activity for US agricultural products, including actively -traded contracts like corn, wheat, soybeans, soybean meal, soybean oil, cotton, pork and beef. The report tracks sales and physical exports for the week ending the prior Thursday.

Sales vs. Shipments
"Sales" are reported as they occur, which is often well ahead of the actual export date. They can be cancelled, too. Sales are sometimes reported for the following marketing year, and as the end of a year approaches, the sales for the next year increase. At the end of a given year, any sales that have not been shipped are moved into the next year's tally.

Analysts often track the amount of unshipped sales. If that number is unusually high, analysts may wonder about potential cancellations.

Similar to the Export Inspections report, analysts like to compare the current year's export sales pace with previous years. They also measure the pace of sales against the USDA's export forecast for the entire marketing year. For example, if cumulative US soybean export sales have reached 45% of the USDA's forecast for the entire marketing year, while the five-year average for that week was only 40%, it would suggest that exports are running stronger than what the USDA has forecast. This could draw an analyst to conclude that the USDA will revise its export forecast higher in future Supply/Demand (WASDE) reports.

This report also includes detail on which countries made the purchases. This includes"unknown," which analysts often infer to be China.

This report is not as timely as the Export Inspections report, as comes three days later and is a full week after the"as of" date. However, it covers many more products, including soybean meal, soybean oil, cotton, pork and several others. And because it presents sales as well as exports, it is more forward-looking.

optional tags
topic/economic-research, topic/product-research
Upcoming Events