USDA reports 1.73 million tonnes of corn sales to Mexico

USDA announced US corn export sales of 1,729,740 tonnes to Mexico on 2 November 2026, with delivery spread across the 2026/27 and 2027/28 marketing years. Private exporters also reported 136,000 tonnes of soybeans sold to China for 2026/27 delivery.

What did USDA’s export sales announcement include?

Approximately two-thirds of the corn volume is scheduled for delivery in 2026/27, with the balance committed for the following marketing year. The announcement did not disclose transaction prices or specific shipment dates.

What does it mean for corn traders and processors?

For corn traders, the sale adds to confirmed demand for US supplies across two seasons. The delivery split matters when assessing export commitments against each marketing year’s supply-and-demand balance. Weekly export reports will help track subsequent changes in sales and shipments.

For feed manufacturers and other corn processors sourcing US grain, the purchase is relevant to forward procurement. Any effect on supplier offers will depend on where and when exporters source the corn, alongside local availability, basis and transport costs.

The soybean sale adds a further 136,000 tonnes to confirmed Chinese purchases for 2026/27. Further sales announcements will show whether additional buying follows.

For grain and oilseed market analysis, or support with trading and procurement decisions, contact Black Silo.