Last week’s wheat export sales pace was estimated at 7.5 MB. After 39 weeks, wheat sales were at 94% of USDA’s expectations vs. 90% last year. With 13 weeks left in wheat’s export marketing year, sales need to average 4.1 MB to make USDA’s projection of 900 MB.
Last week’s corn export sales pace was estimated at 79.6 MB. After 26 weeks, corn sales were at 78% of USDA’s expectations vs. 68% last year. With 26 weeks left in corn’s export marketing year, sales need to average 28.5 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 14.1 MB. After 26 weeks, soybean sales were at 84% of USDA’s expectations vs. 86% last year. With 26 weeks left in soybeans’ export marketing year, sales need to average 9.7 MB to make USDA’s projection of 1.575 BB.
