Last week’s wheat export sales pace was estimated at 11.2 MB. After 14 weeks, wheat sales were at 53% of USDA’s expectations vs. 47% last year. With 38 weeks left in wheat’s export marketing year, sales need to average 10.7 MB to make USDA’s projection of 875 MB.
Last week’s corn export sales pace was estimated at 21.3 MB. After 1 week, corn sales were at 31% of USDA’s expectations vs. 19% last year. With 51 weeks left in corn’s export marketing year, sales need to average 38.9 MB to make USDA’s projection of 2.875 BB.
Last week’s soybean export sales pace was estimated at 19.9 MB. After 1 week, soybean sales were at 20% of USDA’s expectations vs. 28% last year. With 51 weeks left in soybeans’ export marketing year, sales need to average 26.7 MB to make USDA’s projection of 1.705 BB.
