
U.S. soybean export inspections for the 2026/27 marketing year reached 14.15 million tonnes, up from 8.93 million a year earlier, with China the leading destination for shipments in the week ending November 5. Corn, wheat, and sorghum inspections were below year-ago levels, with cumulative shipments also trailing last season.
Stronger Chinese demand is accelerating U.S. soybean export movement and supports soybean prices. Slower exports of corn, wheat, and sorghum add to available U.S. supplies and may weigh on those markets.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.