Last week’s wheat export sales pace was estimated at 6.1 MB. After 33 weeks, wheat sales were at 76% of USDA’s expectations vs. 84% last year. With 19 weeks left in wheat’s export marketing year, sales need to average 10.5 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 65.1 MB. After 20 weeks, corn sales were at 67% of USDA’s expectations vs. 56% last year. With 32 weeks left in corn’s export marketing year, sales need to average 25.0 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 54.8 MB. After 20 weeks, soybean sales were at 85% of USDA’s expectations vs. 82% last year. With 32 weeks left in soybean’s export marketing year, sales need to average 8.4 MB to make USDA’s projection of 1.825 BB.
