Last week’s wheat export sales pace was estimated at 2.6 MB. After 47 weeks, wheat sales were at 96% of USDA’s expectations vs. 98% last year. With 5 weeks left in wheat’s export marketing year, sales need to average 7.1 MB to make USDA’s projection of 820 MB.
Last week’s corn export sales pace was estimated at 39.9 MB. After 34 weeks, corn sales were at 91% of USDA’s expectations vs. 80% last year. With 18 weeks left in corn’s export marketing year, sales need to average 12.5 MB to make USDA’s projection of 2.550 BB.
Last week’s soybean export sales pace was estimated at 15.7 MB. After 34 weeks, soybean sales were at 95% of USDA’s expectations vs. 91% last year. With 18 weeks left in soybean’s export marketing year, sales need to average 4.4 MB to make USDA’s projection of 1.825 BB.
