Last week’s wheat export sales pace was estimated at 14.5 MB. After 11 weeks, wheat sales were at 37% of USDA’s expectations vs. 46% last year. With 41 weeks left in wheat’s export marketing year, sales need to average 11.9 MB to make USDA’s projection of 775 MB.
Last week’s corn export sales pace was estimated at 9.2 MB. After 50 weeks, corn sales were at 102% of USDA’s expectations vs. 98% last year. With 2 weeks left in corn’s export marketing year, sales are 54.0 MB over USDA’s projection of 3.400 BB.
Last week’s soybean export sales pace was estimated at 3.1 MB. After 50 weeks, soybean sales were at 101% of USDA’s expectations vs. 99% last year. With 2 weeks left in soybeans’ export marketing year, sales are 18.0 MB over USDA’s projection of 1.520 BB.
