Last week’s wheat export sales pace was estimated at 13.7 MB. After 35 weeks, wheat sales were at 89% of USDA’s expectations vs. 83% last year. With 17 weeks left in wheat’s export marketing year, sales need to average 5.8 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 41.0 MB. After 22 weeks, corn sales were at 72% of USDA’s expectations vs. 62% last year. With 30 weeks left in corn’s export marketing year, sales need to average 29.6 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export sales pace was estimated at 16.1 MB. After 22 weeks, soybean sales were at 80% of USDA’s expectations vs. 84% last year. With 30 weeks left in soybeans’ export marketing year, sales need to average 10.5 MB to make USDA’s projection of 1.575 BB.
