Last week’s wheat export sales pace was estimated at 18.2 MB. After 6 weeks, wheat sales were at 36% of USDA’s expectations vs. 34% last year. With 46 weeks left in wheat’s export marketing year, sales need to average 11.9 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 3.8 MB. After 45 weeks, corn sales were at 99% of USDA’s expectations vs. 94% last year. With 7 weeks left in corn’s export marketing year, sales need to average 2.6 MB to make USDA’s projection of 2.750 BB.
Last week’s soybean export sales pace was estimated at 10.0 MB. After 45 weeks, soybean sales were at 100% of USDA’s expectations vs. 98% last year. With 7 weeks left in soybean’s export marketing year, sales need to average 540,000 bushels to make USDA’s projection of 1.865 BB.
