Last week’s wheat export sales pace was estimated at 19.6 MB. After 37 weeks, wheat sales were at 85% of USDA’s expectations vs. 93% last year. With 15 weeks left in wheat’s export marketing year, sales need to average 8.4 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 57.2 MB. After 24 weeks, corn sales were at 77% of USDA’s expectations vs. 64% last year. With 28 weeks left in corn’s export marketing year, sales need to average 20.2 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 17.6 MB. After 24 weeks, soybean sales were at 88% of USDA’s expectations vs. 84% last year. With 28 weeks left in soybean’s export marketing year, sales need to average 7.8 MB to make USDA’s projection of 1.825 BB.
