Last week’s wheat export sales pace was estimated at 10.6 MB. After 37 weeks, wheat sales were at 92% of USDA’s expectations vs. 87% last year. With 15 weeks left in wheat’s export marketing year, sales need to average 4.6 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 57.9 MB. After 24 weeks, corn sales were at 74% of USDA’s expectations vs. 66% last year. With 28 weeks left in corn’s export marketing year, sales need to average 30.3 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 29.3 MB. After 24 weeks, soybean sales were at 83% of USDA’s expectations vs. 85% last year. With 28 weeks left in soybeans’ export marketing year, sales need to average 9.8 MB to make USDA’s projection of 1.575 BB.
