USDA leaves US soybean export outlook unchanged after China sales resume

By Karl Plume

CHICAGO, Dec 9 (Reuters) - The U.S. Department of Agriculture left its U.S. soybean export forecast unchanged in a monthly report on Tuesday as sales to China have resumed after the top importer shunned purchases for months amid a bruising trade war with Washington.

But the agency raised its U.S. corn export forecast as sales of the grain have been stronger than anticipated.

The USDA pegged soybean exports in the 2025/26 season that ends on August 31 at 1.635 billion bushels. Ending stocks were also unchanged from a month earlier at 290 million bushels.

U.S. corn exports were seen at a record 3.200 billion bushels, up from 3.075 billion a month earlier, while end-of-season supplies were estimated at 2.029 billion bushels, down from USDA's prior-month forecast of 2.154 billion.