Last week’s wheat export sales pace was estimated at 5.7 MB. After 32 weeks, wheat sales were at 83% of USDA’s expectations vs. 78% last year. With 20 weeks left in wheat’s export marketing year, sales need to average 7.7 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 44.9 MB. After 19 weeks, corn sales were at 64% of USDA’s expectations vs. 55% last year. With 33 weeks left in corn’s export marketing year, sales need to average 34.9 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export sales pace was estimated at 75.8 MB. After 19 weeks, soybean sales were at 72% of USDA’s expectations vs. 79% last year. With 33 weeks left in soybeans’ export marketing year, sales need to average 13.6 MB to make USDA’s projection of 1.575 BB.
