US agricultural shipments of corn and wheat are in line with market expectations, according to the USDA.

THE United States Department of Agriculture (USDA) On Monday (July 20), the USDA released data on soybean, corn, and wheat shipments for the week ending July 16. According to the report, the US shipped 297,000 tons of soybeans during the period, a volume 33.7% lower than that recorded in the previous week (448,000 tons) and 21.2% below that shipped in the same week last year (377,000 tons). The performance was below analysts' expectations, who projected shipments between 400,000 and 600,000 tons. In relation to the weekly average needed to reach the USDA's projection for the 2025/26 crop (386,000 tons), shipments were 25.0% below the required pace. In the current marketing year, which began on September 1, 2025, the US shipped 38.616 million tons of soybeans, a volume 18% lower than that recorded in the same period of the 2024/25 season, when shipments totaled 46.822 million tons. This amount represents 93% of the total export estimate projected by [source missing]. USDA in 41.370 million tons.

Corn

US corn shipments totaled 1.55 million tons in the period, a volume in line with that recorded in the previous week (1.555 million tons) and 57.4% above that shipped in the same period last year (985,000 tons). The result was within analysts' projections, which ranged between 1.4 million and 1.6 million tons. Furthermore, in relation to the weekly average needed to reach the projection… USDA (1.527 million tons), the volume shipped was in line with the required pace, about 1.5% above the necessary average. In the accumulated total for the 2025/26 marketing year, the United States shipped 73.773 million tons of corn, a volume 25% higher than that recorded in the same period of the previous crop year, when shipments totaled 58.818 million tons. The total already represents 87% of the projected exports of USDA, estimated at 84.460 million tons.

Wheat

Wheat shipments totaled 214,000 tons last week, a volume 46.0% lower than the previous week's figure (396,000 tons) and 70.8% lower than the same period last year (732,000 tons). Shipments were within investor projections, which estimated shipments between 200,000 and 300,000 tons. However, compared to the weekly average needed to reach the USDA projection (421,000 tons), shipments were 49% below the required pace. Since the beginning of the 2026/27 marketing year on June 1, 2026, the US has shipped 2.132 million tons of wheat, a volume 29% lower than the same period of the previous cycle, when shipments totaled 3.021 million tons. This accumulated volume corresponds to approximately 10% of the total projected exports. USDA, estimated at 21.090 million tons. For more details, visit the [link/website address]. VIP Report in analysis session of DATAGRO Portal.

This text was translated by machine from Brazilian Portuguese.