Last week’s wheat export sales pace was estimated at 8.9 MB. After 38 weeks, wheat sales were at 93% of USDA’s expectations vs. 89% last year. With 14 weeks left in wheat’s export marketing year, sales need to average 4.3 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 27.0 MB. After 25 weeks, corn sales were at 75% of USDA’s expectations vs. 67% last year. With 27 weeks left in corn’s export marketing year, sales need to average 30.4 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 15.0 MB. After 25 weeks, soybean sales were at 83% of USDA’s expectations vs. 86% last year. With 27 weeks left in soybeans’ export marketing year, sales need to average 9.8 MB to make USDA’s projection of 1.575 BB.
