
Looking at the weekly export sales beginning with corn, 2.114mmt was sold for the corn market, that is a huge number for any wheat especially when we only need 512 thousand tons per week to reach USDA forecast.
We won’t see this large of sales every week, but we do expect to see consistent sales coming in above the black line, which is the number needed to reach USDA forecast.
Therefore, we do believe US corn exports will be significantly above the number USDA is currently forecasting.