Export Sales Report July 11

Export Sales Report July 11

Last week’s wheat export sales pace was estimated at 8.8 MB. After 5 weeks, wheat sales were at 33% of USDA’s expectations vs. 26% last year. With 47 weeks left in wheat’s export marketing year, sales need to average 11.4 MB to make USDA’s projection of 800 MB.

Last week’s corn export sales pace was estimated at 21.2 MB. After 44 weeks, corn sales were at 99% of USDA’s expectations vs. 94% last year. With 8 weeks left in corn’s export marketing year, sales need to average 1.7 MB to make USDA’s projection of 2.150 BB.

Last week’s soybean export sales pace was estimated at 7.6 MB. After 44 weeks, soybean sales were at 97% of USDA’s expectations vs. 98% last year. With 8 weeks left in soybean’s export marketing year, sales need to average 5.8 MB to make USDA’s projection of 1.700 BB.

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