Last week’s wheat export sales pace was estimated at 26.2 MB. After 7 weeks, wheat sales were at 39% of USDA’s expectations vs. 36% last year. With 45 weeks left in wheat’s export marketing year, sales need to average 11.6 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 25.3 MB. After 46 weeks, corn sales were at 100% of USDA’s expectations vs. 94% last year. With 6 weeks left in corn’s export marketing year, sales are 10 MB over USDA’s projection of 2.750 BB.
Last week’s soybean export sales pace was estimated at 5.9 MB. After 46 weeks, soybean sales were at 100% of USDA’s expectations vs. 98% last year. With 6 weeks left in soybean’s export marketing year, sales are 2 MB over USDA’s projection of 1.865 BB.
