Last week’s wheat export sales pace was estimated at 18.5 MB. After 19 weeks, wheat sales were at 56% of USDA’s expectations vs. 56% last year. With 33 weeks left in wheat’s export marketing year, sales need to average 11.0 MB to make USDA’s projection of 825 MB.
Last week’s corn export sales pace was estimated at 87.6 MB. After 6 weeks, corn sales were at 34% of USDA’s expectations vs. 28% last year. With 46 weeks left in corn’s export marketing year, sales need to average 33.5 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export sales pace was estimated at 62.6 MB. After 6 weeks, soybean sales were at 43% of USDA’s expectations vs. 45% last year. With 46 weeks left in soybean’s export marketing year, sales need to average 22.8 MB to make USDA’s projection of 1.850 BB.
