Last week’s wheat export sales pace was estimated at 16.1 MB. After 14 weeks, wheat sales were at 44% of USDA’s expectations vs. 50% last year. With 38 weeks left in wheat’s export marketing year, sales need to average 10.4 MB to make USDA’s projection of 700 MB.
Last week’s corn export sales pace was estimated at 29.7 MB. After 1 week, corn sales were at 21% of USDA’s expectations vs. 29% last year. With 51 weeks left in corn’s export marketing year, sales need to average 31.6 MB to make USDA’s projection of 2.050 BB.
Last week’s soybean export sales pace was estimated at 25.96 MB. After 1 week, soybean sales were at 34% of USDA’s expectations vs. 47% last year. With 51 weeks left in soybean’s export marketing year, sales need to average 23.1 MB to make USDA’s projection of 1.790 BB.
