# Early Export Sales Commitments and New-Crop Balance Sheets for Corn, Soybeans, and Wheat - farmdoc daily

> A farmdoc daily analysis reviews the May WASDE's first 2022/23 balance sheets for corn, soybeans and wheat. It notes that new-crop export sales commitments for corn and soybeans are at record levels for this point in the marketing year.

- Date: 2022-05-16 · published 2022-05-16T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/41352-early-export-sales-commitments-and-new-crop-balance-sheets-for-corn-soybeans
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record early export commitments support new-crop corn and soybean prices, though high prices may ration demand from price-sensitive importers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-12-27 | [Export sales increase for wheat and corn, soybeans hit marketing-year low - Brownfield Ag News](https://feedsoft.ai/events/26997-export-sales-increase-for-wheat-and-corn-soybeans-hit-marketing-year-low.md) | -0.5% | +5.6% |
| CORN | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | +0.4% | -0.1% |
| CORN | 2017-10-05 | [Good week for corn, soybean export sales - Brownfield Ag News](https://feedsoft.ai/events/68550-good-week-for-corn-soybean-export-sales-brownfield-ag-news.md) | -0.7% | -1.0% |
| CORN | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | +1.5% | -0.5% |
| CORN | 2020-06-08 | [Export Update for the Corn Complex - farmdoc daily](https://feedsoft.ai/events/52620-export-update-for-the-corn-complex-farmdoc-daily.md) | -0.3% | +2.8% |
| SOY | 2017-03-24 | [USDA exports – Corn, soybean, wheat sales up for the week](https://feedsoft.ai/events/71846-usda-exports-corn-soybean-wheat-sales-up-for-the-week.md) | -2.8% | -4.0% |
| SOY | 2017-10-05 | [Good week for corn, soybean export sales - Brownfield Ag News](https://feedsoft.ai/events/68550-good-week-for-corn-soybean-export-sales-brownfield-ag-news.md) | +0.7% | +2.4% |
| SOY | 2016-12-06 | [New export sales support soybeans, corn - Brownfield Ag News](https://feedsoft.ai/events/6328-new-export-sales-support-soybeans-corn-brownfield-ag-news.md) | -1.2% | -3.6% |

## Sources

- origin.farmdocdaily.illinois.edu: https://origin.farmdocdaily.illinois.edu/2022/05/early-export-sales-commitments-and-new-crop-balance-sheets-for-corn-soybeans-and-wheat.html

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