Last week’s wheat export sales pace was estimated at 20.9 MB. After 36 weeks, wheat sales were at 83% of USDA’s expectations vs. 91% last year. With 16 weeks left in wheat’s export marketing year, sales need to average 9.1 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 64.9 MB. After 23 weeks, corn sales were at 75% of USDA’s expectations vs. 62% last year. With 29 weeks left in corn’s export marketing year, sales need to average 21.5 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 6.8 MB. After 23 weeks, soybean sales were at 87% of USDA’s expectations vs. 84% last year. With 29 weeks left in soybean’s export marketing year, sales need to average 8.1 MB to make USDA’s projection of 1.825 BB.
