Last week’s wheat export sales pace was estimated at 14.6 MB. After 42 weeks, wheat sales were at 98% of USDA’s expectations vs. 93% last year. With 10 weeks left in wheat’s export marketing year, sales need to average 1.5 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 47.9 MB. After 29 weeks, corn sales were at 82% of USDA’s expectations vs. 73% last year. With 23 weeks left in corn’s export marketing year, sales need to average 25.5 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 24.6 MB. After 29 weeks, soybean sales were at 87% of USDA’s expectations vs. 89% last year. With 23 weeks left in soybeans’ export marketing year, sales need to average 8.9 MB to make USDA’s projection of 1.575 BB.
