# USDA exports – Sales surge for corn, soybeans and wheat

> USDA's weekly export report showed corn, soybean and wheat sales up sharply from the prior week and above trade forecasts. Old-crop corn sales were 18.4 million bushels, and new-crop soybean sales reached 56 million bushels, led by China. Wheat sales of 24.6 million bushels were led by the Philippines, South Korea and Mexico.

- Date: 2017-07-20 · published 2017-07-20T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/69823-usda-exports-sales-surge-for-corn-soybeans-and-wheat
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Strong export commitments tighten old-crop balance sheets and support corn, soybean and wheat prices. Strong China soybean buying supports the new-crop outlook.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-02-24 | [USDA cuts corn, raises soy and wheat acreage for 2022](https://feedsoft.ai/events/13389-usda-cuts-corn-raises-soy-and-wheat-acreage-for-2022.md) | +6.5% | +12.3% |
| CORN | 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% | +0.3% |
| CORN | 2017-02-24 | [USDA Forum: USDA sees smaller corn, soybean and wheat crops in 2017](https://feedsoft.ai/events/72340-usda-forum-usda-sees-smaller-corn-soybean-and-wheat-crops-in-2017.md) | +1.5% | -1.7% |
| CORN | 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) | -1.3% | -7.0% |
| CORN | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +9.7% | +8.7% |
| SOY | 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) | -2.4% | -6.0% |
| SOY | 2017-02-24 | [USDA Forum: USDA sees smaller corn, soybean and wheat crops in 2017](https://feedsoft.ai/events/72340-usda-forum-usda-sees-smaller-corn-soybean-and-wheat-crops-in-2017.md) | +1.5% | -2.0% |
| SOY | 2020-11-10 | [USDA Lowers Corn, Soybean and Wheat Ending Stocks](https://feedsoft.ai/events/50091-usda-lowers-corn-soybean-and-wheat-ending-stocks.md) | +4.4% | +3.7% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/usda-exports-sales-surge-for-corn-soybeans-and-wheat

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