US net export sales of current crop corn and next crop totaled 1.257 million mt in the week ended May 31, up 10% from 1.142 million mt in the previous week. Market expectations were for total weekly export sales to be between 800,000 mt and 1.3 MMT. Weekly corn export sales were ahead of the pace needed to reach USDA’s overall forecast and the new low corn prices were not yet reflected in the export sales. Since the current marketing year began September 1, total commitments cumulative exports plus outstanding sales are up to 55.3 MMT, up 2% year on year and 34.5% above the five-year average. The total is already up to 97.9% of the USDA’s 56.518 million mt projection for the current marketing year.