Wheat export sales may be improving.

Wheat export sales posted a second week of positive numbers. This past week's activity was 433,560 tonnes. The trade estimate was 250,000 - 550,000.

USDA’s 825 million bushel new crop export goal, for the year that started June 1, is -2% from the five year average sale. Year to date sales are +1% vs. the average. To meet USDA's goal remaining sales can run -1% vs. the average through next May. This week was positive at +15%. Last week was positive at +14%. Cherry picking the data, five of the past eight weeks have seen sales over the needed pace.

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