Last week’s wheat export sales pace was estimated at 9.9 MB. After 38 weeks, wheat sales were at 86% of USDA’s expectations vs. 94% last year. With 14 weeks left in wheat’s export marketing year, sales need to average 8.3 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 31.3 MB. After 25 weeks, corn sales were at 78% of USDA’s expectations vs. 65% last year. With 27 weeks left in corn’s export marketing year, sales need to average 19.8 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 15.1 MB. After 25 weeks, soybean sales were at 89% of USDA’s expectations vs. 84% last year. With 27 weeks left in soybean’s export marketing year, sales need to average 7.5 MB to make USDA’s projection of 1.825 BB.
