Last week’s wheat export sales pace was estimated at 8.8 MB. After 20 weeks, wheat sales were at 52% of USDA’s expectations vs. 64% last year. With 32 weeks left in wheat’s export marketing year, sales need to average 11.2 MB to make USDA’s projection of 750 MB.
Last week’s corn export sales pace was estimated at 60.1 MB. After 7 weeks, corn sales were at 26% of USDA’s expectations vs. 39% last year. With 45 weeks left in corn’s export marketing year, sales need to average 53.9 to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 104.4 MB. After 7 weeks, soybean sales were at 57% of USDA’s expectations vs. 35% last year. With 45 weeks left in soybeans’ export marketing year, sales need to average 16.3 MB to make USDA’s projection of 1.695 BB.
