Last week’s wheat export sales pace was estimated at 2.8 MB. After 45 weeks, wheat sales were at 96% of USDA’s expectations vs. 99% last year. With 7 weeks left in wheat’s export marketing year, sales need to average 4.7 MB to make USDA’s projection of 820 MB.
Last week’s corn export sales pace was estimated at 61.5 MB. After 32 weeks, corn sales were at 87% of USDA’s expectations vs. 76% last year. With 20 weeks left in corn’s export marketing year, sales need to average 16.1 MB to make USDA’s projection of 2.550 BB.
Last week’s soybean export sales pace was estimated at 20.4 MB. After 32 weeks, soybean sales were at 94% of USDA’s expectations vs. 89% last year. With 20 weeks left in soybean’s export marketing year, sales need to average 5.3 MB to make USDA’s projection of 1.825 BB.
