Last week’s wheat export sales pace was estimated at 10.9 MB. After 9 weeks, wheat sales were at 34% of USDA’s expectations vs. 42% last year. With 43 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 4.6 MB. After 48 weeks, corn sales were at 103% of USDA’s expectations vs. 97% last year. With 4 weeks left in corn’s export marketing year, sales are 104.0 MB over USDA’s projection of 3.325 BB.
Last week’s soybean export sales pace was estimated at 1.2 MB. After 48 weeks, soybean sales were at 101% of USDA’s expectations vs. 100% last year. With 4 weeks left in soybeans’ export marketing year, sales are 13 MB over USDA’s projection of 1.520 BB.
