US Grain Export Sales Stumble Ahead of WASDE Report

Corn sales reached 967,500 metric tons for the 2025/26 and 2026/27 marketing years, falling just beneath the low end of analyst estimates. Wheat and soybean movements were similarly sluggish, clocking in at 313,100 tons and 462,600 tons respectively. These figures place significant pressure on the market as participants recalibrate their portfolios.

CBOT grain futures retreated in pre-market trading following the release. Analysts at the Hightower Report pointed to widespread profit-taking as the primary driver for the decline. Currently, the most-active corn contracts have dropped 1%, while soybeans and wheat have retreated 0.6% and 0.2% respectively. Investors remain sidelined until the USDA provides a clearer view of supply and demand dynamics tomorrow.