# USDA exports - Soybean sales up as China buys

> USDA's weekly export report showed soybean sales rising week on week, with China buying in both crop years. Wheat sales of 28 million bushels were led by Asian and Latin American buyers, while old-crop corn sales fell 39 per cent. Corn and soybean futures slipped after the report.

- Date: 2016-06-16 · published 2016-06-16T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/10754-usda-exports-soybean-sales-up-as-china-buys
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong soybean and wheat export demand supports prices, but weaker corn sales and lower futures afterward point to softer corn values. Feed buyers should see mixed signals across grains.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-08-03 | [USDA exports – Corn, soybean sales have down week](https://feedsoft.ai/events/12264-usda-exports-corn-soybean-sales-have-down-week.md) | -0.4% | -4.5% |
| SOY | 2018-12-13 | [USDA confirms U.S. soybean sales to China; soy futures fall](https://feedsoft.ai/events/61594-usda-confirms-u-s-soybean-sales-to-china-soy-futures-fall.md) | -2.2% | -2.3% |
| SOY | 2026-08-01 | [Soybean prices need poor weather, exports to China](https://feedsoft.ai/events/18360-soybean-prices-need-poor-weather-exports-to-china.md) | -1.3% | +8.9% |
| SOY | 2023-12-08 | [USDA Lowers Brazilian Soybean Production, Increases Exports](https://feedsoft.ai/events/32631-usda-lowers-brazilian-soybean-production-increases-exports.md) | +0.2% | -5.5% |
| SOY | 2024-10-25 | [Export Sales to China and Mexico \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/14712-export-sales-to-china-and-mexico-usda-foreign-agricultural-service.md) | -1.4% | -1.9% |
| WHEAT | 2017-07-20 | [USDA exports – Sales surge for corn, soybeans and wheat](https://feedsoft.ai/events/69823-usda-exports-sales-surge-for-corn-soybeans-and-wheat.md) | -2.7% | +0.0% |
| WHEAT | 2016-12-08 | [WEEKLY EXPORT REPORT: Corn, soybean, wheat sales increase](https://feedsoft.ai/events/73338-weekly-export-report-corn-soybean-wheat-sales-increase.md) | +0.9% | +0.6% |
| WHEAT | 2020-09-30 | [U.S. Corn, Soybean Piles Get Smaller, USDA Says](https://feedsoft.ai/events/8792-u-s-corn-soybean-piles-get-smaller-usda-says.md) | +2.5% | +4.6% |

## Sources

- farmprogress.com: https://www.farmprogress.com/wheat/usda-exports-soybean-sales-up-as-china-buys

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.