Last week’s wheat export sales pace was estimated at 3.7 MB. After 45 weeks, wheat sales were at 99% of USDA’s expectations vs. 95% last year. With 7 weeks left in wheat’s export marketing year, sales need to average 630,000 bushels to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 55.1 MB. After 32 weeks, corn sales were at 87% of USDA’s expectations vs. 78% last year. With 20 weeks left in corn’s export marketing year, sales need to average 21.7 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 9.1 MB. After 32 weeks, soybean sales were at 91% of USDA’s expectations vs. 91% last year. With 20 weeks left in soybeans’ export marketing year, sales need to average 6.9 MB to make USDA’s projection of 1.540 BB.
