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Early 26/27 corn, soybean export inspections trail 25/26
U.S. corn and soybean export inspections are a little slow to start the new marketing year. The USDA says most the corn inspections for the week during September 3rd were for old crop delivery, and the new crop pace is slightly behind last year as relatively U.S. high prices are having some impact on demand. Soybeans are trailing the previous marketing year because most of the recent purchases by China and unknown destinations are for delivery this fall or later. The 2026/27 marketing year for beans and corn kicked off Tuesday, September 1st and the USDA’s next round of supply and demand estimates is out Friday, September 11th at Noon Eastern/11 Central.
2026/27 also began September 1st for sorghum and started June 1st for wheat.
Wheat came out at 243,733 tons, down 89,244 from the week ending August 27th and 85,383 from the week ending September 4th, 2025. The main destinations were Indonesia and Mexico. Early in the second quarter of the 2026/27 marketing year, wheat inspections are 5,130,290 tons, compared to 7,100,413 in 2025/26.
Corn was reported at 1,662,496 tons, up 163,841 from the previous week and 219,317 from this time last year. The leading destinations were Mexico and Colombia. Just a handful of reporting days into the marketing year, corn inspections are 635,789 tons, compared to 649,770 a year ago.
Soybeans were pegged at 422,016 tons, 137,965 more than the prior week, but 45,608 less than a year ago. The top destinations were Egypt and Italy. So far, this marketing year, soybean inspections are 209,820 tons, compared to 263,852 last year.
Sorghum inspections totaled 832 tons, a drop of 47,544 on the week with no year-to-year comparison. The listed destinations were China and Egypt. 2026/27 sorghum inspections are 832 tons, compared to 0 just after the outset of 2025/26.
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