Last week’s wheat export sales pace was estimated at 13.9 MB. After 26 weeks, wheat sales were at 69% of USDA’s expectations vs. 68% last year. With 26 weeks left in wheat’s export marketing year, sales need to average 9.8 MB to make USDA’s projection of 825 MB.
Last week’s corn export sales pace was estimated at 68.2 MB. After 13 weeks, corn sales were at 58% of USDA’s expectations vs. 44% last year. With 39 weeks left in corn’s export marketing year, sales need to average 25.1 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export sales pace was estimated at 85.0 MB. After 13 weeks, soybean sales were at 73% of USDA’s expectations vs. 70% last year. With 39 weeks left in soybean’s export marketing year, sales need to average 12.7 MB to make USDA’s projection of 1.825 BB.
