Last week’s wheat export sales pace was estimated at 8.3 MB. After 47 weeks, wheat sales were at 101% of USDA’s expectations vs. 95% last year. With 5 weeks left in wheat’s export marketing year, total sales are at 907 MB vs. USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 62.9 MB. After 34 weeks, corn sales were at 90% of USDA’s expectations vs. 81% last year. With 18 weeks left in corn’s export marketing year, sales need to average 17.8 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 9.5 MB. After 34 weeks, soybean sales were at 93% of USDA’s expectations vs. 92% last year. With 18 weeks left in soybeans’ export marketing year, sales need to average 6.4 MB to make USDA’s projection of 1.540 BB.
