Last week’s wheat export sales pace was estimated at 4.9 MB. After 49 weeks, wheat sales were at 101% of USDA’s expectations vs. 96% last year. With 3 weeks left in wheat’s export marketing year, total sales are at 915 MB vs. USDA’s projection of 910 MB.
Last week’s corn export sales pace was estimated at 27.0 MB. After 36 weeks, corn sales were at 93% of USDA’s expectations vs. 86% last year. With 16 weeks left in corn’s export marketing year, sales need to average 14.9 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 3.7 MB. After 36 weeks, soybean sales were at 94% of USDA’s expectations vs. 93% last year. With 16 weeks left in soybeans’ export marketing year, sales need to average 6.0 MB to make USDA’s projection of 1.530 BB.
