# USDA exports – Soybean sales drop, new-crop corn has big gain

> USDA's weekly export report showed soybean sales down 43% from the prior week for old crop and sharply lower for new crop. Corn new-crop sales more than doubled, led by unknown destinations, Mexico and Japan. Wheat sales fell 26% to 18.3 million bushels.

- Date: 2017-07-27 · published 2017-07-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69825-usda-exports-soybean-sales-drop-new-crop-corn-has-big-gain
- 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

Lower soybean sales reduce near-term export demand and leave soybeans reliant on China's later buying. The jump in new-crop corn sales supports corn demand.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 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) | -3.3% | -4.3% |
| WHEAT | 2023-07-12 | [USDA Report Bearish News for Corn and Soybeans](https://feedsoft.ai/events/34982-usda-report-bearish-news-for-corn-and-soybeans.md) | +1.5% | +3.4% |
| 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 | 2025-02-27 | [USDA Forecasts Record Corn Crop, Larger Soybean Crop for 2025-26](https://feedsoft.ai/events/13114-usda-forecasts-record-corn-crop-larger-soybean-crop-for-2025-26.md) | -4.3% | -0.1% |
| 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% |
| CORN | 2018-07-12 | [USDA Bumps Corn and Soybean Production, Drops Soybean Exports](https://feedsoft.ai/events/63997-usda-bumps-corn-and-soybean-production-drops-soybean-exports.md) | +2.9% | +12.0% |
| CORN | 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) | -1.5% | -5.9% |
| CORN | 2018-11-08 | [USDA cuts corn, soybean crops](https://feedsoft.ai/events/61984-usda-cuts-corn-soybean-crops.md) | -6.8% | -0.4% |

## Sources

- farmprogress.com: https://www.farmprogress.com/marketing/usda-exports-soybean-sales-drop-new-crop-corn-has-big-gain
- feedstuffs.com: https://www.feedstuffs.com/corn-price-updates/weekly-export-report-soybean-sales-drop-new-crop-corn-gains

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