2017’s corn exports are 151 million ahead of the 5-yr average sales rate suggesting this year’s exports are on pace for a 2.523 billion total vs. the USDA’s 2.225 billion forecast.
2017’s corn exports are 151 million ahead of the 5 year average sales rate suggesting this year’s exports are on pace for a 2.523 billion total vs. the USDA’s 2.225 billion forecast. Soybeans exports are also running strong at 166 million above the 5-yr average pace for Dec 22. Using this rate also projects 204 million higher final sales vs. the USDA’s 2.050 bil level.
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