Export Sales Report May 21

Export Sales Report May 21

Last week’s wheat export sales pace was estimated at 6.1 MB. After 50 weeks, wheat sales were at 101% of USDA’s expectations vs. 96% last year. With 2 weeks left in wheat’s export marketing year, total sales are at 921 MB vs. USDA’s projection of 910 MB.

Last week’s corn export sales pace was estimated at 83.7 MB. After 37 weeks, corn sales were at 95% of USDA’s expectations vs. 87% last year. With 15 weeks left in corn’s export marketing year, sales need to average 10.4 MB to make USDA’s projection of 3.300 BB.

Last week’s soybean export sales pace was estimated at 12.9 MB. After 37 weeks, soybean sales were at 95% of USDA’s expectations vs. 94% last year. With 15 weeks left in soybeans’ export marketing year, sales need to average 5.6 MB to make USDA’s projection of 1.530 BB.

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