Last week’s wheat export sales pace was estimated at 17.9 MB. After 36 weeks, wheat sales were at 91% of USDA’s expectations vs. 85% last year. With 16 weeks left in wheat’s export marketing year, sales need to average 5.0 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 81.5 MB. After 23 weeks, corn sales were at 73% of USDA’s expectations vs. 64% last year. With 29 weeks left in corn’s export marketing year, sales need to average 31.2 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 10.4 MB. After 23 weeks, soybean sales were at 81% of USDA’s expectations vs. 84% last year. With 29 weeks left in soybeans’ export marketing year, sales need to average 10.5 MB to make USDA’s projection of 1.575 BB.
