Last week’s wheat export sales pace was estimated at 7.0 MB. After 41 weeks, wheat sales were at 98% of USDA’s expectations vs. 92% last year. With 11 weeks left in wheat’s export marketing year, sales need to average 2.7 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 46.1 MB. After 28 weeks, corn sales were at 81% of USDA’s expectations vs. 72% last year. With 24 weeks left in corn’s export marketing year, sales need to average 26.5 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 11.0 MB. After 28 weeks, soybean sales were at 86% of USDA’s expectations vs. 88% last year. With 24 weeks left in soybeans’ export marketing year, sales need to average 9.3 MB to make USDA’s projection of 1.575 BB.
