Last week’s wheat export sales pace was estimated at 3.7 MB. After 42 weeks, wheat sales were at 92% of USDA’s expectations vs. 97% last year. With 10 weeks left in wheat’s export marketing year, sales need to average 6.7 MB to make USDA’s projection of 835 MB.
Last week’s corn export sales pace was estimated at 40.9 MB. After 29 weeks, corn sales were at 86% of USDA’s expectations vs. 74% last year. With 23 weeks left in corn’s export marketing year, sales need to average 15.7 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 12.4 MB. After 29 weeks, soybean sales were at 92% of USDA’s expectations vs. 87% last year. With 23 weeks left in soybean’s export marketing year, sales need to average 6.3 MB to make USDA’s projection of 1.825 BB.
