Last week’s wheat export sales pace was estimated at 13.5 MB. After 25 weeks, wheat sales were at 68% of USDA’s expectations vs. 66% last year. With 27 weeks left in wheat’s export marketing year, sales need to average 9.9 MB to make USDA’s projection of 825 MB.
Last week’s corn export sales pace was estimated at 41.8 MB. After 12 weeks, corn sales were at 55% of USDA’s expectations vs. 42% last year. With 40 weeks left in corn’s export marketing year, sales need to average 26.2 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export sales pace was estimated at 91.5 MB. After 12 weeks, soybean sales were at 68% of USDA’s expectations vs. 67% last year. With 40 weeks left in soybean’s export marketing year, sales need to average 14.5 MB to make USDA’s projection of 1.825 BB.
