Corn shipments exceed market projections, USDA shows.

THE United States Department of Agriculture (USDA) On Monday (July 6), the US released data on soybean, corn, and wheat shipments for the week ending July 2. According to the report, the US shipped 528,000 tons of soybeans during the period, a volume 19.0% higher than that recorded in the previous week (444,000 tons) and 32.0% above that shipped in the same week last year (401,000 tons). The performance was within analysts' expectations, who projected shipments between 300,000 and 600,000 tons. Regarding the weekly average needed to reach the projection of USDA For the 2025/26 crop year (421,000 tons), shipments were 26% above the required pace. In the current marketing year, which began on September 1, 2025, the US shipped 37.852 million tons of soybeans, a volume 18% lower than that recorded in the same period of the 2024/25 season, when shipments totaled 46.293 million tons. This amount represents 91% of the total export estimate, projected at 41.640 million tons.

Corn

US corn shipments totaled 1.642 million tons in the period, a volume 9.6% lower than the previous week's figure (1.817 million tons), but 5.0% higher than the amount shipped in the same period last year (1.564 million tons). The result exceeded analysts' projections of between 1.3 million and 1.6 million tons. Furthermore, in relation to the weekly average needed to reach the projected figure… USDA (1.472 million tons), the volume shipped was 12% above the required pace. In the accumulated total for the 2025/26 marketing year, the United States shipped 70.575 million tons of corn, a volume 25% higher than that recorded in the same period of the previous crop year, when shipments totaled 56.519 million tons. The total already represents 84% of the projected exports of USDA, estimated at 83.824 million tons.

Wheat

Wheat shipments totaled 134,000 tons last week, a volume 66.4% lower than the previous week (398,000 tons) and 54.2% below the same period last year (523,000 tons). Shipments fell short of investor projections of 300,000 to 500,000 tons. Regarding the weekly average needed to reach the projected figures… USDA (489,000 tons), shipments were 73% below the required pace. Since the beginning of the 2026/27 marketing year, on June 1, 2026, the US has shipped 1.506 million tons of wheat, a volume 18% lower than that recorded in the same period of the previous cycle, when shipments totaled 1.844 million tons. The accumulated amount corresponds to about 6% of the total projected exports of USDA, estimated at 24.494 million tons. For more details, visit the [link/website/etc.]. VIP Report in analysis session of DATAGRO Portal.

This text was translated by machine from Brazilian Portuguese.