Last week’s wheat export sales pace was estimated at 22.5 MB. After 29 weeks, wheat sales were at 73% of USDA’s expectations vs. 79% last year. With 23 weeks left in wheat’s export marketing year, sales need to average 10.2 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 67.4 MB. After 16 weeks, corn sales were at 60% of USDA’s expectations vs. 51% last year. With 36 weeks left in corn’s export marketing year, sales need to average 27.2 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export sales pace was estimated at 35.9 MB. After 16 weeks, soybean sales were at 80% of USDA’s expectations vs. 78% last year. With 36 weeks left in soybean’s export marketing year, sales need to average 10.2 MB to make USDA’s projection of 1.825 BB.
