Last week’s wheat export sales pace was estimated at 14.3 MB. After 1 week, wheat sales were at 27% of USDA’s expectations vs. 22% last year. With 51 weeks left in wheat’s export marketing year, sales need to average 11.4 MB to make USDA’s projection of 800 MB.
Last week’s corn export sales pace was estimated at 31.2 MB. After 40 weeks, corn sales were at 99% of USDA’s expectations vs. 89% last year. With 12 weeks left in corn’s export marketing year, sales need to average 365,000 bushels to make USDA’s projection of 2.600 BB.
Last week’s soybean export sales pace was estimated at 2.3 MB. After 40 weeks, soybean sales were at 97% of USDA’s expectations vs. 95% last year. With 12 weeks left in soybean’s export marketing year, sales need to average 5.0 MB to make USDA’s projection of 1.850 BB.
