Last week’s wheat export sales pace was estimated at 19.8 MB. After 22 weeks, wheat sales were at 59% of USDA’s expectations vs. 68% last year. With 30 weeks left in wheat’s export marketing year, sales need to average 10.2 MB to make USDA’s projection of 750 MB.
Last week’s corn export sales pace was estimated at 51.0 MB. After 9 weeks, corn sales were at 30% of USDA’s expectations vs. 43% last year. With 43 weeks left in corn’s export marketing year, sales need to average 54.0 to make USDA’s projection of 3.300 BB.
Last week’s soybean export sales pace was estimated at 53.5 MB. After 9 weeks, soybean sales were at 66% of USDA’s expectations vs. 42% last year. With 43 weeks left in soybeans’ export marketing year, sales need to average 13.6 MB to make USDA’s projection of 1.695 BB.
