Last week’s wheat export sales pace was estimated at 2.6 MB. After 48 weeks, wheat sales were at 96% of USDA’s expectations vs. 98% last year. With 4 weeks left in wheat’s export marketing year, sales need to average 8.2 MB to make USDA’s projection of 820 MB.
Last week’s corn export sales pace was estimated at 65.5 MB. After 35 weeks, corn sales were at 93% of USDA’s expectations vs. 82% last year. With 17 weeks left in corn’s export marketing year, sales need to average 10.1 MB to make USDA’s projection of 2.550 BB.
Last week’s soybean export sales pace was estimated at 13.8 MB. After 35 weeks, soybean sales were at 96% of USDA’s expectations vs. 92% last year. With 17 weeks left in soybean’s export marketing year, sales need to average 4.1 MB to make USDA’s projection of 1.825 BB.
