Last week’s wheat export sales pace was estimated at 4.1 MB. After 31 weeks, wheat sales were at 74% of USDA’s expectations vs. 80% last year. With 21 weeks left in wheat’s export marketing year, sales need to average 10.7 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 17.5 MB. After 18 weeks, corn sales were at 62% of USDA’s expectations vs. 52% last year. With 34 weeks left in corn’s export marketing year, sales need to average 27.3 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export sales pace was estimated at 10.6 MB. After 18 weeks, soybean sales were at 81% of USDA’s expectations vs. 79% last year. With 34 weeks left in soybean’s export marketing year, sales need to average 10.0 MB to make USDA’s projection of 1.825 BB.
