The USDA said combined 2025/26 and 2026/27 sales reached 261,100 metric tons in the week ended 23 April, near analysts' 200,000-to-600,000-ton range, with China the top buyer.
Corn sales were stronger at 1.6 million tons, near the high end of forecasts, while wheat sales totaled 382,800 tons and stayed within expectations; Mexico led corn buying and Taiwan led wheat.
Chicago premarket grain futures fell after the data, with corn down 0.4%, soybeans 0.2% and wheat 1.2%, reflecting a softer tone for soybeans despite export demand.
With record global harvests and low prices, can U.S. farmers survive the 2026 season without a major trade breakthrough?
Can record-high domestic biofuel demand offset growing uncertainty in America's massive grain export markets?
As leaders prepare to meet, will China's buying decisions rescue U.S. soybean markets or deepen the current price crisis?