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.