Last week’s wheat export sales pace was estimated at 10.7 MB. After 27 weeks, wheat sales were at 68% of USDA’s expectations vs. 76% last year. With 25 weeks left in wheat’s export marketing year, sales need to average 10.7 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 37.3 MB. After 14 weeks, corn sales were at 56% of USDA’s expectations vs. 47% last year. With 38 weeks left in corn’s export marketing year, sales need to average 28.7 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export sales pace was estimated at 43.1 MB. After 14 weeks, soybean sales were at 75% of USDA’s expectations vs. 72% last year. With 38 weeks left in soybean’s export marketing year, sales need to average 12.0 MB to make USDA’s projection of 1.825 BB.
