Last week’s wheat export sales pace was estimated at 865,000 bu. After 43 weeks, wheat sales were at 98% of USDA’s expectations vs. 93% last year. With 9 weeks left in wheat’s export marketing year, sales need to average 1.6 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 45.3 MB. After 30 weeks, corn sales were at 84% of USDA’s expectations vs. 75% last year. With 22 weeks left in corn’s export marketing year, sales need to average 24.6 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 13.0 MB. After 30 weeks, soybean sales were at 88% of USDA’s expectations vs. 90% last year. With 22 weeks left in soybeans’ export marketing year, sales need to average 8.8 MB to make USDA’s projection of 1.575 BB.
