Last week’s wheat export sales pace was estimated at 12.5 MB. After 43 weeks, wheat sales were at 93% of USDA’s expectations vs. 97% last year. With 9 weeks left in wheat’s export marketing year, sales need to average 6.1 MB to make USDA’s projection of 835 MB.
Last week’s corn export sales pace was estimated at 46.2 MB. After 30 weeks, corn sales were at 87% of USDA’s expectations vs. 75% last year. With 22 weeks left in corn’s export marketing year, sales need to average 14.3 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 15.1 MB. After 30 weeks, soybean sales were at 93% of USDA’s expectations vs. 88% last year. With 22 weeks left in soybean’s export marketing year, sales need to average 5.8 MB to make USDA’s projection of 1.825 BB.
