Last week’s wheat export shipments pace was estimated at 19.7 MB. After 17 weeks, wheat shipments were at 37% of USDA’s expectations vs. 32% last year. With 35 weeks left in wheat’s export marketing year, shipments need to average 14.9 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 44.9 MB. After 4 weeks, corn shipments were at 6% of USDA’s expectations vs. 5% last year. With 48 weeks left in corn’s export marketing year, shipments need to average 45.2 MB to make USDA’s projection of 2.300 BB.
Last week’s soybean export shipments pace was estimated at 24.8 MB. After 4 weeks, soybean shipments were at 4% of USDA’s expectations vs. 4% last year. With 48 weeks left in soybean’s export marketing year, shipments need to average 37.1 MB to make USDA’s projection of 1.850 BB.
