Last week’s wheat export sales pace was estimated at 22.7 MB. After 33 weeks, wheat sales were at 85% of USDA’s expectations vs. 79% last year. With 19 weeks left in wheat’s export marketing year, sales need to average 7.0 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 157.9 MB. After 20 weeks, corn sales were at 69% of USDA’s expectations vs. 58% last year. With 32 weeks left in corn’s export marketing year, sales need to average 31.0 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export sales pace was estimated at 89.9 MB. After 20 weeks, soybean sales were at 77% of USDA’s expectations vs. 82% last year. With 32 weeks left in soybeans’ export marketing year, sales need to average 11.3 MB to make USDA’s projection of 1.575 BB.
