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China, Japan lead the way for soybean export inspections
New crop U.S. soybeans have started leaving domestic ports for China. The USDA says about half of the weekly shipment total on soybeans during the week ending September 10th was bound for China, reflecting Beijing’s near-term delivery needs. The recent rise in demand U.S. beans comes as state buyers try to meet agreed upon purchase totals. China was also the top destination for U.S. sorghum.
Corn inspections were just below year ago levels, but still solid, mainly headed to Mexico, while Japan led the way for wheat.
The 2026/27 marketing year began June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next round of supply and demand estimates out October 9th.
Wheat came out at 456,720 tons, up 25,440 from the week ending September 3rd, but down 301,671 from the week ending September 11th, 2025. The main destinations were Japan and Mexico. Early in the second quarter of the 2026/27 marketing year, wheat inspections are 5,675,557 tons, compared to 7,858,804 in 2025/26.
Corn was reported at 1,525,481 tons, 149,295 lower than the previous week and 8,329 below a year ago. The top destinations were Mexico and South Korea. Just after the outset of the new marketing year, corn inspections are 2,173,550 tons, compared to 2,183,580 this time last year.
Soybeans were pegged at 672,759 tons, 208,027 more than the prior week, but 149,907 less than last year. The leading destinations were China and Japan. So far, this marketing year, soybean inspections are 914,826 tons, compared to 1,086,518 a year ago.
Sorghum inspections totaled 3,453 tons, an increase of 2,621 on the week, but a decrease of 32,547 on the year. The listed destinations were China and Japan. 2026/27 sorghum inspections are 4,285 tons, compared to 36,000 in 2025/26.
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