Wheat Weekly Export Sales

Wheat was very disappointing, but we typically don’t get much export sales business for the old crop position because there is only 4-5 weeks left in the marketing year,

Most of the sales going forward are going to be for the new crop.

Our export shipments are very close to the USDA total, so the deficit between what we are selling and what USDA is projecting just means that we will have less wheat left on the book at the end of the year that will be cancelled or rolled into the next marketing year.

We may fall a little short by 10-20 million bushels, but our export total is going to end up being at or slightly below USDA current totals.