Last week’s wheat export sales pace was estimated at 20.2 MB. After 24 weeks, wheat sales were at 66% of USDA’s expectations vs. 63% last year. With 28 weeks left in wheat’s export marketing year, sales need to average 10.0 MB to make USDA’s projection of 825 MB.
Last week’s corn export sales pace was estimated at 58.8 MB. After 11 weeks, corn sales were at 53% of USDA’s expectations vs. 37% last year. With 41 weeks left in corn’s export marketing year, sales need to average 26.6 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export sales pace was estimated at 68.4 MB. After 11 weeks, soybean sales were at 64% of USDA’s expectations vs. 63% last year. With 41 weeks left in soybean’s export marketing year, sales need to average 16.2 MB to make USDA’s projection of 1.825 BB.
