Last week’s wheat export sales pace was estimated at 15.7 MB. After 2 weeks, wheat sales were at 28% of USDA’s expectations vs. 24% 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 825 MB.
Last week’s corn export sales pace was estimated at 35.6 MB. After 41 weeks, corn sales were at 99% of USDA’s expectations vs. 91% last year. With 11 weeks left in corn’s export marketing year, sales need to average 1.7 MB to make USDA’s projection of 2.650 BB.
Last week’s soybean export sales pace was estimated at 19.8 MB. After 41 weeks, soybean sales were at 98% of USDA’s expectations vs. 96% last year. With 11 weeks left in soybean’s export marketing year, sales need to average 4.1 MB to make USDA’s projection of 1.850 BB.
