Last week’s wheat export sales pace was estimated at 6.0 MB. After 44 weeks, wheat sales were at 99% of USDA’s expectations vs. 95% last year. With 8 weeks left in wheat’s export marketing year, sales need to average 1.0 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 53.6 MB. After 31 weeks, corn sales were at 85% of USDA’s expectations vs. 76% last year. With 21 weeks left in corn’s export marketing year, sales need to average 23.3 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 10.9 MB. After 31 weeks, soybean sales were at 90% of USDA’s expectations vs. 90% last year. With 21 weeks left in soybeans’ export marketing year, sales need to average 8.7 MB to make USDA’s projection of 1.575 BB.
