Last week’s wheat export sales pace was estimated at 12.4 MB. After 39 weeks, wheat sales were at 88% of USDA’s expectations vs. 96% last year. With 13 weeks left in wheat’s export marketing year, sales need to average 8.0 MB to make USDA’s projection of 850 MB.
Last week’s corn export sales pace was estimated at 35.8 MB. After 26 weeks, corn sales were at 80% of USDA’s expectations vs. 67% last year. With 26 weeks left in corn’s export marketing year, sales need to average 19.2 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export sales pace was estimated at 13.0 MB. After 26 weeks, soybean sales were at 89% of USDA’s expectations vs. 85% last year. With 26 weeks left in soybean’s export marketing year, sales need to average 7.4 MB to make USDA’s projection of 1.825 BB.
