Last week’s wheat export sales pace was estimated at 16.8 MB. After 28 weeks, wheat sales were at 70% of USDA’s expectations vs. 78% last year. With 24 weeks left in wheat’s export marketing year, sales need to average 10.5 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 46.2 MB. After 15 weeks, corn sales were at 58% of USDA’s expectations vs. 49% last year. With 37 weeks left in corn’s export marketing year, sales need to average 28.3 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export sales pace was estimated at 52.3 MB. After 15 weeks, soybean sales were at 78% of USDA’s expectations vs. 75% last year. With 37 weeks left in soybean’s export marketing year, sales need to average 10.9 MB to make USDA’s projection of 1.825 BB.
