Skip to content

Export Sales: U.S. Soybeans

Week ending Oct 29, 2026 · released Nov 5, 2026 · next ESR Nov 13

Soybean commitments are 65.5% of USDA’s 2026/27 export projection, above the 5-yr range (38.7%–57.9%, n = 5).

Target from the October 2026 WASDE, the one public at this release (point-in-time).n = 5small sample
Commitments
30.23 MMT
12.02 MMT shipped + 18.21 MMT outstanding
USDA export target (as of release)
46.13 MMT
1,695 mil. bu · October 2026 WASDE
Net sales this week
1.46 MMT
Exports 2.53 MMT
Next ESR
Nov 13, 2026
Thursdays, 8:30 ET
Chapter 01 · Export Sales · pace

Pace vs USDA and the 5 previous years

0%50%100%150%100% = USDA projection11020304050
2026/27 (current)5 prior years: range5-yr meaneach prior year (2021/22, 2022/23, 2023/24, 2024/25, 2025/26)week of the marketing year

History = % of the USDA projection at the time: each past week is divided by the WASDE export projection that was public that week, never a later one.

Show data table
soybean commitments as a share of USDA’s export projection, by week of the marketing year; 2026/27 at week 9: 65.5%; 5 prior years at that week: 38.7% to 57.9%.
Week2026/275-yr mean5-yr min5-yr maxn
141.9%32.4%20.2%41.7%5
245.0%34.5%22.3%44.6%5
346.2%36.2%23.8%45.3%5
448.5%38.1%25.6%47.1%5
549.7%40.3%28.5%48.4%5
650.6%42.8%30.2%50.6%5
756.8%46.4%32.6%54.7%5
862.4%49.0%35.8%56.5%5
965.5%51.8%38.7%57.9%5
Chapter 02 · Export Sales · destinations

Who is buying

China share of commitments at this week52.8%
0%20%40%60%2021/22: 54%2022/23: 57%2023/24: 52%2024/25: 44%2025/26: 1%2026/27: 53%21/2222/2323/2424/2525/2626/27

Unknown destinations 18.5% now; 18.2%–21.9% in the 5 prior years

inside the 5-yr rangen = 5small sample· Unknown destinations can hide China· Past weeks are USDA’s latest revision, not as first published

Top destinations, week ending Oct 29, 2026

  • China15.95 MMT · 53%
  • Unknown destinations5.60 MMT · 19%
  • Mexico2.13 MMT · 7%
  • Egypt851 thou. t · 3%
  • Japan741 thou. t · 2%
  • Algeria620 thou. t · 2%
  • Indonesia549 thou. t · 2%
  • Vietnam529 thou. t · 2%
  • Spain502 thou. t · 2%
  • Taiwan358 thou. t · 1%
  • Other (29 destinations)2.41 MMT · 8%

Unknown destinations can hide China

Chapter 03 · Export Sales · required pace

What is still needed

To reach USDA’s projection, sales need 361 thou. t a week over the remaining 44 weeks: 0.19× the last 4-week average of 1.86 MMT.

  • Needed per week361 thou. t/wk
  • Last 4-week average1.86 MMT/wk

Weekly net sales, 2026/27, vs the weekly pace needed

01 MMT2 MMT3 MMT1: 2.6 MMT2: 1.7 MMT3: 582.4 thou. t4: 1.0 MMT5: 549.4 thou. t6: 574.9 thou. t7: 2.8 MMT8: 2.6 MMT9: 1.5 MMTneeded 361 thou. t/wk123456789
n = 4small sample· ESR commitments are not Census exports

Metric tonnes; USDA’s target converted from mil. bu. ESR commitments are not Census exports.

Explore: every week and every destination

Weekly net sales and exports, 2026/27

Week endingWeekNet salesExportsNext-MY net sales4-wk avg
Oct 29, 202691.46 MMT2.53 MMT0 t1.86 MMT
Oct 22, 202682.58 MMT2.38 MMT0 t1.64 MMT
Oct 15, 202672.84 MMT2.02 MMT0 t1.25 MMT
Oct 8, 20266575 thou. t1.15 MMT0 t685 thou. t
Oct 1, 20265549 thou. t1.38 MMT0 t964 thou. t
Sep 24, 202641.03 MMT988 thou. t0 t1.49 MMT
Sep 17, 20263582 thou. t775 thou. t0 t—
Sep 10, 202621.69 MMT611 thou. t0 t—
Sep 3, 202612.64 MMT181 thou. t-2,400 t—

Destinations, week ending Oct 29, 2026

DestinationCommitmentsExportsOutstandingNet salesShare
China15.95 MMT7.57 MMT8.38 MMT874 thou. t52.8%
Unknown destinations5.60 MMT0 t5.60 MMT-211 thou. t18.5%
Mexico2.13 MMT784 thou. t1.34 MMT-37 t7.0%
Egypt851 thou. t683 thou. t168 thou. t13.9 thou. t2.8%
Japan741 thou. t416 thou. t326 thou. t52.6 thou. t2.5%
Algeria620 thou. t485 thou. t135 thou. t132 thou. t2.1%
Indonesia549 thou. t233 thou. t316 thou. t32.7 thou. t1.8%
Vietnam529 thou. t266 thou. t262 thou. t10.6 thou. t1.8%
Spain502 thou. t297 thou. t205 thou. t95.7 thou. t1.7%
Taiwan358 thou. t106 thou. t252 thou. t42 t1.2%

China share / Unknown share

Marketing yearChina shareUnknown share
2021/2253.9%21.0%
2022/2357.4%19.8%
2023/2452.4%18.2%
2024/2544.3%21.9%
2025/261.4%20.6%

Take this report