Last week’s wheat export sales pace was estimated at 16.8 MB. After 34 weeks, wheat sales were at 78% of USDA’s expectations vs. 88% last year. With 18 weeks left in wheat’s export marketing year, sales need to average 10.2 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 53.5 MB. After 21 weeks, corn sales were at 70% of USDA’s expectations vs. 58% last year. With 31 weeks left in corn’s export marketing year, sales need to average 24.1 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 16.1 MB. After 21 weeks, soybean sales were at 86% of USDA’s expectations vs. 83% last year. With 31 weeks left in soybean’s export marketing year, sales need to average 8.3 MB to make USDA’s projection of 1.825 BB.
