Last week’s wheat export sales pace was estimated at net cancellations of 9.1 MB. After 41 weeks, wheat sales were at 92% of USDA’s expectations vs. 96% last year. With 11 weeks left in wheat’s export marketing year, sales need to average 6.3 MB to make USDA’s projection of 835 MB.
Last week’s corn export sales pace was estimated at 58.9 MB. After 28 weeks, corn sales were at 84% of USDA’s expectations vs. 72% last year. With 24 weeks left in corn’s export marketing year, sales need to average 16.7 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 13.0 MB. After 28 weeks, soybean sales were at 91% of USDA’s expectations vs. 87% last year. With 24 weeks left in soybean’s export marketing year, sales need to average 6.5 MB to make USDA’s projection of 1.825 BB.
