Export Sales - Feb 17, 2022

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CORN

The Export Sales Report showed that for the week ending February 10, net corn sales came in at 820,041 tonnes for the current marketing year and 113,500 for the next marketing year for a total of 933,541. Cumulative sales have reached 75.5% of the USDA forecast for the 2021/2022 marketing year versus a 5 year average of 69.0%. Sales need to average 522,000 tonnes per week to reach the USDA forecast.

WHEAT

The Export Sales Report showed that for the week ending February 10, net wheat sales came in at 118,060 tonnes for the current marketing year and 10,500 for the next marketing year for a total of 128,560. Cumulative sales have reached 79.2% of the USDA forecast for the 2021/2022 marketing year versus a 5 year average of 84.9%. Sales need to average 159,000 tonnes per week to reach the USDA forecast.

SOY COMPLEX

The Export Sales Report showed that for the week ending February 10, net soybean sales came in at 1,361,826 tonnes for the current marketing year and 1,526,000 for the next marketing year for a total of 2,887,826. Cumulative soybean sales have reached 86.3% of the USDA forecast for the 2021/2022 marketing year versus a 5 year average of 84.2%. Sales need to average 266,000 tonnes per week to reach the USDA forecast.

Net meal sales came in at 279,138 tonnes for the current marketing year and 40,000 for the next marketing year for a total of 319,138. Cumulative meal sales have reached 61.3% of the USDA forecast for the 2021/2022 marketing year versus a 5 year average of 60.8%. Sales need to average 153,000 tonnes per week to reach the USDA forecast.

Net oil sales came in at 35,379 tonnes for the current marketing year and none for the next marketing year.35,379 Cumulative oil sales have reached 80.5% of the USDA forecast for the 2021/2022 marketing year versus a 5 year average of 54.5%. Sales need to average 3,800 tonnes per week to reach the USDA forecast.

COTTON

The Export Sales Report showed that for the week ending February 10, net cotton sales came in at 158,493 bales for the current marketing year and 34,692 for the next marketing year for a total of 193,185. Cumulative sales have reached 86.2% of the USDA forecast for the 2021/2022 marketing year versus a 5 year average of 83.7%. Sales need to average 68,000 bales per week to reach the USDA forecast.

Export Sales Summary
Ending	Weekly Sales 1000 MT (Cotton in 1000 RB)	Sales Needed Per Week to Meet USDA Est.	Current Yr % of USDA Est	5 Yr. Avg. % of USDA Est
Soybeans - 2021/2022 Marketing Year
Feb-10	1,361.8	265.7	86.3%	84.2%
Feb-03	1,596.2	302.4	80.8%	80.8%
Jan-27	1,029.5	344.4	80.0%	80.0%
Jan-20	1,025.5	365.9	79.0%	79.0%
Jan-13	671.0	386.0	78.3%	78.3%
Soymeal - 2021/2022 Marketing Year
Feb-10	279.1	152.6	61.3%	60.8%
Feb-03	241.4	156.3	59.6%	59.6%
Jan-27	605.2	158.8	57.8%	57.8%
Jan-20	330.1	171.1	55.5%	55.5%
Jan-13	314.9	175.4	52.8%	52.8%
Bean Oil - 2021/2022 Marketing Year
Feb-10	35.4	3.8	80.5%	54.5%
Feb-03	2.9	4.8	53.3%	53.3%
Jan-27	4.1	4.7	51.5%	51.5%
Jan-20	12.2	4.7	49.2%	49.2%
Jan-13	30.7	4.9	46.0%	46.0%
Corn - 2021/2022 Marketing Year
Feb-10	820.0	522.1	75.5%	69.0%
Feb-03	589.1	532.1	65.1%	65.1%
Jan-27	1,175.2	534.0	63.2%	63.2%
Jan-20	1,402.3	554.1	59.6%	59.6%
Jan-13	1,091.3	579.9	57.5%	57.5%
Wheat - 2021/2022 Marketing Year
Feb-10	118.1	158.5	79.2%	84.9%
Feb-03	84.8	157.2	80.9%	80.9%
Jan-27	57.5	154.8	79.3%	79.3%
Jan-20	676.7	151.8	78.1%	78.1%
Jan-13	380.6	167.8	76.3%	76.3%
Cotton - 2021/2022 Marketing Year
Feb-10	158.5	68.5	86.2%	83.7%
Feb-03	185.2	71.5	82.3%	82.3%
Jan-27	332.1	75.2	80.6%	80.6%
Jan-20	391.3	83.2	78.8%	78.8%
Jan-13	273.0	92.6	77.2%	77.2%