Last week’s wheat export sales pace was estimated at 3.9 MB. After 44 weeks, wheat sales were at 94% of USDA’s expectations vs. 98% last year. With 8 weeks left in wheat’s export marketing year, sales need to average 6.3 MB to make USDA’s projection of 835 MB.
Last week’s corn export sales pace was estimated at 30.9 MB. After 31 weeks, corn sales were at 88% of USDA’s expectations vs. 76% last year. With 21 weeks left in corn’s export marketing year, sales need to average 13.5 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 6.3 MB. After 31 weeks, soybean sales were at 93% of USDA’s expectations vs. 88% last year. With 21 weeks left in soybean’s export marketing year, sales need to average 5.8 MB to make USDA’s projection of 1.825 BB.
