# USDA exports – Corn, soybean sales have down week

> USDA's weekly export sales report showed corn, soybean and wheat sales lower than the prior week. Wheat sales fell to a market-year low and missed trade forecasts, while new-crop corn and soybean sales were in line with expectations.

- Date: 2017-08-03 · published 2017-08-03T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/12264-usda-exports-corn-soybean-sales-have-down-week
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Weak wheat export demand adds to ample wheat supplies and weighs on wheat prices. Corn and soybean sales were in line with forecasts, so they provide little price direction.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-07-27 | [USDA exports – Soybean sales drop, new-crop corn has big gain](https://feedsoft.ai/events/69825-usda-exports-soybean-sales-drop-new-crop-corn-has-big-gain.md) | +6.5% | -1.1% |
| WHEAT | 2018-04-10 | [Soybeans rally on USDA report, exports](https://feedsoft.ai/events/65483-soybeans-rally-on-usda-report-exports.md) | +2.4% | +2.6% |
| WHEAT | 2018-09-12 | [USDA Pushes Corn, Soybean Yield Estimates Higher](https://feedsoft.ai/events/62988-usda-pushes-corn-soybean-yield-estimates-higher.md) | -6.9% | -6.6% |
| WHEAT | 2019-08-12 | [Corn futures fall 6% after bearish USDA crop report; soybeans down 1.3%](https://feedsoft.ai/events/11736-corn-futures-fall-6-after-bearish-usda-crop-report-soybeans-down-1-3.md) | -0.1% | -2.9% |
| WHEAT | 2018-03-08 | [USDA Raises Corn Demand for Exports and Ethanol](https://feedsoft.ai/events/65955-usda-raises-corn-demand-for-exports-and-ethanol.md) | +0.5% | +0.4% |
| CORN | 2018-04-10 | [Soybeans rally on USDA report, exports](https://feedsoft.ai/events/65483-soybeans-rally-on-usda-report-exports.md) | -0.6% | +2.5% |
| CORN | 2017-09-14 | [WEEKLY EXPORT REPORT: Soybeans flex, corn fails to follow](https://feedsoft.ai/events/68857-weekly-export-report-soybeans-flex-corn-fails-to-follow.md) | +1.9% | +4.4% |
| CORN | 2016-09-12 | [USDA Still Sees Record Corn, Soybean Crops](https://feedsoft.ai/events/10185-usda-still-sees-record-corn-soybean-crops.md) | +1.6% | +4.4% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/usda-exports-corn-soybean-sales-have-down-week

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