Last week’s wheat export sales pace was estimated at 18.9 MB. After 32 weeks, wheat sales were at 76% of USDA’s expectations vs. 84% last year. With 20 weeks left in wheat’s export marketing year, sales need to average 10.3 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 40.3 MB. After 19 weeks, corn sales were at 65% of USDA’s expectations vs. 54% last year. With 33 weeks left in corn’s export marketing year, sales need to average 26.2 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 20.9 MB. After 19 weeks, soybean sales were at 82% of USDA’s expectations vs. 81% last year. With 33 weeks left in soybean’s export marketing year, sales need to average 9.7 MB to make USDA’s projection of 1.825 BB.
