Export Sales Report May 11

Export Sales Report May 11

Last week’s wheat export sales pace was estimated at 966,000 bushels. After 49 weeks, wheat sales were at 90% of USDA’s expectations vs. 92% last year. With 3 weeks left in wheat’s export marketing year, sales need to average 26.2 MB to make USDA’s projection of 775 MB.

Last week’s corn export sales pace was estimated at 10.1 MB. After 35 weeks, corn sales were at 82% of USDA’s expectations vs. 93% last year. With 17 weeks left in corn’s export marketing year, sales need to average 19.9 MB to make USDA’s projection of 1.850 BB.

Last week’s soybean export sales pace was estimated at 2.3 MB. After 35 weeks, soybean sales were at 93% of USDA’s expectations vs. 99% last year. With 17 weeks left in soybean’s export marketing year, sales need to average 8.8 MB to make USDA’s projection of 2.015 BB.

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