Last week’s wheat export sales pace was estimated at 7.1 MB. After 14 weeks, wheat sales were at 42% of USDA’s expectations vs. 52% last year. With 38 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 755.9 MB. After 1 week, corn sales were at 20% of USDA’s expectations vs. 26% last year. With 51 weeks left in corn’s export marketing year, sales need to average 51.6 to make USDA’s projection of 3.275 BB.
Last week’s soybean export sales pace was estimated at 96.9 MB. After 1 week, soybean sales were at 42% of USDA’s expectations vs. 23% last year. With 51 weeks left in soybeans’ export marketing year, sales need to average 18.9 MB to make USDA’s projection of 1.520 BB.
