Last week’s wheat export sales pace was estimated at 31.2 MB. After 21 weeks, wheat sales were at 56% of USDA’s expectations vs. 66% last year. With 31 weeks left in wheat’s export marketing year, sales need to average 10.5 MB to make USDA’s projection of 750 MB.
Last week’s corn export sales pace was estimated at 51.3 MB. After 8 weeks, corn sales were at 28% of USDA’s expectations vs. 41% last year. With 44 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 94.7 MB. After 8 weeks, soybean sales were at 62% of USDA’s expectations vs. 39% last year. With 44 weeks left in soybeans’ export marketing year, sales need to average 14.5 MB to make USDA’s projection of 1.695 BB.
