Last week’s wheat export sales pace was estimated at 15.9 MB. After 18 weeks, wheat sales were at 54% of USDA’s expectations vs. 52% last year. With 34 weeks left in wheat’s export marketing year, sales need to average 11.2 MB to make USDA’s projection of 825 MB.
Last week’s corn export sales pace was estimated at 48.1 MB. After 5 weeks, corn sales were at 30% of USDA’s expectations vs. 26% last year. With 47 weeks left in corn’s export marketing year, sales need to average 34.1 MB to make USDA’s projection of 2.300 BB.
Last week’s soybean export sales pace was estimated at 46.5 MB. After 5 weeks, soybean sales were at 40% of USDA’s expectations vs. 42% last year. With 47 weeks left in soybean’s export marketing year, sales need to average 23.6 MB to make USDA’s projection of 1.850 BB.
