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 - 2026/2027 Marketing Year
Jul-09 1,769.6 679.6 10.2% 12.2%
Jul-02 408.3 697.5 11.5% 11.5%
Jun-25 182.5 692.9 10.9% 10.9%
Jun-18 902.2 684.7 10.1% 10.1%
Jun-11 304.1 688.1 9.8% 9.8%
Soymeal - 2025/2026 Marketing Year
Jul-09 177.0 60.5 96.0% 91.8%
Jul-02 225.5 69.5 90.4% 90.4%
Jun-25 239.1 80.8 89.6% 89.6%
Jun-18 153.1 91.5 88.1% 88.1%
Jun-11 283.9 95.3 86.9% 86.9%
Bean Oil - 2025/2026 Marketing Year
Jul-09 -0.3 6.3 83.4% 82.4%
Jul-02 0.9 5.8 82.1% 82.1%
Jun-25 -1.5 5.4 81.2% 81.2%
Jun-18 0.9 5.0 80.5% 80.5%
Jun-11 2.2 4.7 80.9% 80.9%
Corn - 2026/2027 Marketing Year
Jul-09 311.2 1,246.3 8.4% 12.3%
Jul-02 401.7 1,230.9 11.7% 11.7%
Jun-25 767.8 1,217.4 11.2% 11.2%
Jun-18 735.9 1,210.3 10.8% 10.8%
Jun-11 519.0 1,202.8 10.4% 10.4%
Wheat - 2026/2027 Marketing Year
Jul-09 235.1 246.9 30.1% 32.1%
Jul-02 313.1 246.7 29.4% 29.4%
Jun-25 300.1 247.8 27.8% 27.8%
Jun-18 504.5 248.6 25.7% 25.7%
Jun-11 400.8 252.6 24.0% 24.0%
Cotton - 2026/2027 Marketing Year
Jul-09 4.1 163.9 20.4% 22.1%
Jul-02 87.0 161.3 21.4% 21.4%
Jun-25 44.1 160.1 20.0% 20.0%
Jun-18 67.1 158.2 19.3% 19.3%
Jun-11 188.4 156.8 17.7% 17.7%
Weekly Export Sales Estimates
Range Last
Current & Next Year Low High Week Year
Corn 500 2,100 967 664
Soybeans 200 2,000 463 801
Soybean Meal 150 550 322 531
Soybean Oil 0 12 1 8
Wheat 250 600 313 494

Highlights

SOY COMPLEX
The Export Sales Report showed that for the week ending July 9, net soybean sales came in at 188,274 tonnes for the current marketing year and 1,769,617 for the next marketing year for a total of 1,957,891. Cumulative soybean sales have reached 10.2% of the USDA forecast for the 2026/2027 marketing year versus a 5 year average of 12.2%. Sales need to average 680,000 tonnes per week to reach the USDA forecast.

Net meal sales came in at 177,043 tonnes for the current marketing year and 51,192 for the next marketing year for a total of 228,235. Cumulative meal sales have reached 96.0% of the USDA forecast for the 2025/2026 marketing year versus a 5 year average of 91.8%. Sales need to average 60,000 tonnes per week to reach the USDA forecast.

Net oil sales came in at -308 tonnes (cancelations) for the current marketing year and 186 for the next marketing year for a total of -122. Cumulative oil sales have reached 83.4% of the USDA forecast for the 2025/2026 marketing year versus a 5 year average of 82.4%. Sales need to average 6,300 tonnes per week to reach the USDA forecast.


CORN
The Export Sales Report showed that for the week ending July 9, net corn sales came in at 314,962 tonnes for the current marketing year and 311,222 for the next marketing year for a total of 626,184. Cumulative sales have reached 8.4% of the USDA forecast for the 2026/2027 marketing year versus a 5 year average of 12.3%. Sales need to average 1,246,000 tonnes per week to reach the USDA forecast.

WHEAT
The Export Sales Report showed that for the week ending July 9, net wheat sales came in at 235,102 tonnes for the current marketing year and none for the next marketing year. Cumulative sales have reached 30.1% of the USDA forecast for the 2026/2027 marketing year versus a 5 year average of 32.1%. Sales need to average 247,000 tonnes per week to reach the USDA forecast.

COTTON
The Export Sales Report showed that for the week ending July 9, net cotton sales came in at 34,360 bales for the current marketing year and 4,075 for the next marketing year for a total of 38,435. Cumulative sales have reached 20.4% of the USDA forecast for the 2026/2027 marketing year versus a 5 year average of 22.1%. Sales need to average 164,000 bales per week to reach the USDA forecast.

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.

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