Last week’s wheat export sales pace was estimated at 4.4 MB. After 31 weeks, wheat sales were at 82% of USDA’s expectations vs. 76% last year. With 21 weeks left in wheat’s export marketing year, sales need to average 7.6 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 14.9 MB. After 18 weeks, corn sales were at 63% of USDA’s expectations vs. 54% last year. With 34 weeks left in corn’s export marketing year, sales need to average 35.2 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export sales pace was estimated at 32.3 MB. After 18 weeks, soybean sales were at 64% of USDA’s expectations vs. 78% last year. With 34 weeks left in soybeans’ export marketing year, sales need to average 17.2 MB to make USDA’s projection of 1.635 BB.
