Sales to China Drive Soybean Exports for the Week

Dow Jones07-16 21:07

U.S. soybean export sales landed on the high end of analyst expectations for the week, driven by the return of China to buying the American oilseeds.

In its latest export-sales report published Thursday, the Agriculture Department said that for the week ended July 9, soybean sales for the 2025/26 and 2026/27 marketing years totaled 1.96 million metric tons. That's on the high end of forecasts from analysts surveyed by The Wall Street Journal this week, buoyed by 1.19 million tons of soybeans sold to China for the week.

China has been notably absent from the USDA's weekly export sales reports, opting to buy soybeans from South American sources. The return of the world's leading agricultural export buyer has been supportive for soybean futures, bringing them over the $12 a bushel mark this week.

Corn sales for the week totaled 626,200 tons across both marketing years, missing the low end of analyst forecasts for the week. Wheat sales were 235,100 tons for the week.

CBOT soybean futures were down 0.2% in premarket trading Thursday, while most-active corn futures were down 0.2% and wheat was up 0.1%.

To see related data, search "U.S. Export Sales: Weekly Sales Totals" in Dow Jones NewsPlus.

Write to Kirk Maltais at kirk.maltais@wsj.com

(END) Dow Jones Newswires

July 16, 2026 09:07 ET (13:07 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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That's on the high end of forecasts from analysts surveyed by The Wall Street Journal this week, buoyed by 1.19 million tons of soybeans sold to China for the week. \n\n\n  China has been notably absent from the USDA's weekly export sales reports, opting to buy soybeans from South American sources. The return of the world's leading agricultural export buyer has been supportive for soybean futures, bringing them over the $12 a bushel mark this week. \n\n\n  Corn sales for the week totaled 626,200 tons across both marketing years, missing the low end of analyst forecasts for the week. Wheat sales were 235,100 tons for the week. \n\n\n  CBOT soybean futures were down 0.2% in premarket trading Thursday, while most-active corn futures were down 0.2% and wheat was up 0.1%. \n\n\n \n\n\n  To see related data, search \"U.S. Export Sales: Weekly Sales Totals\" in Dow Jones NewsPlus. \n\n\n \n\n\n  Write to Kirk Maltais at kirk.maltais@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2026 09:07 ET (13:07 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2651442473","isCrawlerRequest":true}