Last week’s wheat export sales pace was estimated at 9.4 MB. After 10 weeks, wheat sales were at 35% of USDA’s expectations vs. 44% last year. With 42 weeks left in wheat’s export marketing year, sales need to average 11.9 MB to make USDA’s projection of 775 MB.
Last week’s corn export sales pace was estimated at 16.2 MB. After 49 weeks, corn sales were at 101% of USDA’s expectations vs. 97% last year. With 3 weeks left in corn’s export marketing year, sales are 45.0 MB over USDA’s projection of 3.400 BB.
Last week’s soybean export sales pace was estimated at 2.8 MB. After 49 weeks, soybean sales were at 101% of USDA’s expectations vs. 99% last year. With 3 weeks left in soybeans’ export marketing year, sales are 15.0 MB over USDA’s projection of 1.520 BB.
