Last week’s wheat export sales pace was estimated at 16.7 MB. After 40 weeks, wheat sales were at 96% of USDA’s expectations vs. 92% last year. With 12 weeks left in wheat’s export marketing year, sales need to average 3.1 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 60.3 MB. After 27 weeks, corn sales were at 79% of USDA’s expectations vs. 70% last year. With 25 weeks left in corn’s export marketing year, sales need to average 27.3 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 16.8 MB. After 27 weeks, soybean sales were at 85% of USDA’s expectations vs. 88% last year. With 25 weeks left in soybeans’ export marketing year, sales need to average 9.4 MB to make USDA’s projection of 1.575 BB.
