Last week’s wheat export sales pace was estimated at 14.7 MB. After 2 weeks, wheat sales were at 24% of USDA’s expectations vs. 26% last year. With 50 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 45.6 MB. After 41 weeks, corn sales were at 99% of USDA’s expectations vs. 92% last year. With 11 weeks left in corn’s export marketing year, sales need to average 1.9 MB to make USDA’s projection of 3.325 BB.
Last week’s soybean export sales pace was estimated at 15.6 MB. After 41 weeks, soybean sales were at 99% of USDA’s expectations vs. 98% last year. With 11 weeks left in soybeans’ export marketing year, sales need to average 1.7 MB to make USDA’s projection of 1.510 BB.
