Kilambi News
Saturday, November 7, 2026

USDA reports soybean sale to China and corn to unknown buyers

Commodities Saturday, November 7, 2026 - Updated Nov 7, 2026 07:14

USDA's daily reporting system announced on November 6 private export sales of 136,000 metric tons of US soybeans to China and 101,000 metric tons of US corn to unknown destinations, both for delivery in the 2026/27 marketing year.

Why it matters: It was the fifth business day in six with an announced soybean sale to China, and the bookings land four days before the November 10 WASDE, when USDA must decide how much of this export pace to build into its balance sheets.

Data as of USDA Foreign Agricultural Service daily export sales announcement of November 6, 2026 is the source of record; Brownfield Ag News and Precision Feed of November 6, 2026 both read in full in this run and carry USDA's tonnages identically, as does DTN's November 6 market update. Prices are the site market tables at the November 6 close.

The US Department of Agriculture’s Foreign Agricultural Service announced fresh private export sales on Friday morning under its daily reporting system: 136,000 metric tons of US soybeans, about 5 million bushels, for delivery to China, and 101,000 metric tons of US corn, about 4 million bushels, destined for unknown destinations, both for the 2026/27 marketing year. Daily announcements are required when exporters sell 100,000 metric tons or more of one commodity to one destination in a single business day.

Brownfield Ag News noted the China soybean booking was the fifth business day out of the last six with an announced sale, a cadence that has made China the visible bid under the oilseed market through the harvest. The corn sale’s destination will be watched closely, Brownfield added, given recent talk of Chinese demand for US agricultural commodities beyond soybeans, although it cautioned that Chinese demand is expected to remain contingent on tariff policy and that Argentina and Ukraine currently hold the export price edge over the US and Brazil.

The sales follow a heavy week of export business, including a 1.73 million metric ton corn sale to Mexico split across the 2026/27 and 2027/28 marketing years reported earlier in the week. In the site market tables, corn closed Friday at 441.5 cents a bushel, up 0.34 percent on the day but down 1.4 percent on the week, and soybeans closed at 1,189 cents, up 0.68 percent on the day and down 2.72 percent on the week, so the export pace is absorbing supply without yet reversing the harvest pressure on prices.

USDA releases its November WASDE and Crop Production reports on Tuesday, November 10 at noon Eastern, the next test of whether the export commitments and private production estimates move the official balance sheets.

Sources

  1. Corn sees a slight bounce, with soybeans mixed - Brownfield Ag News - 2026-11-06
  2. USDA Reports Corn, Soy Sales - Precision Feed - 2026-11-06