Last week’s wheat export sales pace was estimated at 8.6 MB. After 6 weeks, wheat sales were at 30% of USDA’s expectations vs. 33% last year. With 46 weeks left in wheat’s export marketing year, sales need to average 11.8 MB to make USDA’s projection of 775 MB.
Last week’s corn export sales pace was estimated at 12.4 MB. After 45 weeks, corn sales were at 102% of USDA’s expectations vs. 95% last year. With 7 weeks left in corn’s export marketing year, sales are 72.0 MB over USDA’s projection of 3.325 BB.
Last week’s soybean export sales pace was estimated at 6.9 MB. After 45 weeks, soybean sales were at 100% of USDA’s expectations vs. 98% last year. With 7 weeks left in soybeans’ export marketing year, sales need to average 233,000 bushels to make USDA’s projection of 1.520 BB.
