Last week’s wheat export sales pace was estimated at 5.8 MB. After 16 weeks, wheat sales were at 50% of USDA’s expectations vs. 48% last year. With 36 weeks left in wheat’s export marketing year, sales need to average 11.5 MB to make USDA’s projection of 825 MB.
Last week’s corn export sales pace was estimated at 21.1 MB. After 3 weeks, corn sales were at 25% of USDA’s expectations vs. 22% last year. With 49 weeks left in corn’s export marketing year, sales need to average 35.1 MB to make USDA’s projection of 2.300 BB.
Last week’s soybean export sales pace was estimated at 57.9 MB. After 3 weeks, soybean sales were at 35% of USDA’s expectations vs. 38% last year. With 49 weeks left in soybean’s export marketing year, sales need to average 24.6 MB to make USDA’s projection of 1.850 BB.
