Last week’s wheat export sales pace was estimated at 24.5 MB. After 1 week, wheat sales were at 21% of USDA’s expectations vs. 24% last year. With 51 weeks left in wheat’s export marketing year, sales need to average 12.1 MB to make USDA’s projection of 775 MB.
Last week’s corn export sales pace was estimated at 39.4 MB. After 40 weeks, corn sales were at 99% of USDA’s expectations vs. 91% last year. With 12 weeks left in corn’s export marketing year, sales need to average 3.5 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 7.8 MB. After 40 weeks, soybean sales were at 96% of USDA’s expectations vs. 95% last year. With 12 weeks left in soybeans’ export marketing year, sales need to average 4.5 MB to make USDA’s projection of 1.530 BB.
