Last week’s wheat export sales pace was estimated at 14.8 MB. After 12 weeks, wheat sales were at 39% of USDA’s expectations vs. 49% last year. With 40 weeks left in wheat’s export marketing year, sales need to average 11.8 MB to make USDA’s projection of 775 MB.
Last week’s corn export sales pace was estimated at 1.2 MB. After 51 weeks, corn sales were at 102% of USDA’s expectations vs. 97% last year. With 1 week left in corn’s export marketing year, sales are 55.0 MB over USDA’s projection of 3.400 BB.
Last week’s soybean export sales pace was estimated at 2.7 MB. After 51 weeks, soybean sales were at 101% of USDA’s expectations vs. 99% last year. With 1 week left in soybeans’ export marketing year, sales are 21.0 MB over USDA’s projection of 1.520 BB.
