Last week’s wheat export sales pace was estimated at 12.4 MB. After 41 weeks, wheat sales were at 84% of USDA’s expectations vs. 86% last year. With 11 weeks left in wheat’s export marketing year, sales need to average 11.2 MB to make USDA’s projection of 775 MB.
Last week’s corn export sales pace was estimated at 48.7 MB. After 27 weeks, corn sales were at 68% of USDA’s expectations vs. 83% last year. With 25 weeks left in corn’s export marketing year, sales need to average 23.9 MB to make USDA’s projection of 1.850 BB.
Last week’s soybean export sales pace was estimated at 24.4 MB. After 27 weeks, soybean sales were at 90% of USDA’s expectations vs. 91% last year. With 25 weeks left in soybean’s export marketing year, sales need to average 8.1 MB to make USDA’s projection of 2.015 BB.
