WASHINGTON, D.C. (RFD News) — China drove a surge in new-crop soybean sales while old-crop corn and cotton sales fell to marketing-year lows. The split gives soybean growers stronger forward demand signals but leaves corn and cotton producers facing weaker near-term export momentum.
USDA reported 2026-27 soybean sales of about 65 million bushels, led by nearly 39 million bushels to China. Old-crop soybean sales reached 6.9 million bushels. Corn sales totaled 12.4 million bushels for 2025-26, down 44 percent for the week.
Wheat sales reached 8.6 million bushels, while exports climbed to 15.5 million bushels. Upland cotton sales fell to 34,400 bales, down 48 percent and the lowest level of the marketing year.
Beef sales dropped 43 percent to 8,000 metric tons. Pork sales improved 22 percent to 21,600 metric tons, led by Mexico and Japan. China also received 2,500 metric tons of shipped pork.
Producers will watch whether China’s soybean demand continues and whether corn sales recover before harvest. Continued weakness in cotton and beef exports could add pressure to already tight margins.
