Export Sales Report July 5

Export Sales Report July 5

Last week’s wheat export sales pace was estimated at 29.6 MB. After 4 weeks, wheat sales were at 32% of USDA’s expectations vs. 24% last year. With 48 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 14.1 MB. After 43 weeks, corn sales were at 98% of USDA’s expectations vs. 93% last year. With 9 weeks left in corn’s export marketing year, sales need to average 3.8 MB to make USDA’s projection of 2.150 BB.

Last week’s soybean export sales pace was estimated at 8.47 MB. After 43 weeks, soybean sales were at 97% of USDA’s expectations vs. 98% last year. With 9 weeks left in soybean’s export marketing year, sales need to average 6.0 MB to make USDA’s projection of 1.700 BB.

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