Last week’s wheat export sales pace was estimated at 28.8 MB. After 40 weeks, wheat sales were at 91% of USDA’s expectations vs. 99% last year. With 12 weeks left in wheat’s export marketing year, sales need to average 5.0 MB to make USDA’s projection of 835 MB.
Last week’s corn export sales pace was estimated at 38.1 MB. After 27 weeks, corn sales were at 81% of USDA’s expectations vs. 70% last year. With 25 weeks left in corn’s export marketing year, sales need to average 18.4 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 27.6 MB. After 27 weeks, soybean sales were at 91% of USDA’s expectations vs. 86% last year. With 25 weeks left in soybean’s export marketing year, sales need to average 6.8 MB to make USDA’s projection of 1.825 BB.
