Last week’s wheat export shipments pace was estimated at 13.6 MB. After 19 weeks, wheat shipments were at 40% of USDA’s expectations vs. 35% last year. With 33 weeks left in wheat’s export marketing year, shipments need to average 15.0 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 16.9 MB. After 6 weeks, corn shipments were at 8% of USDA’s expectations vs. 7% last year. With 46 weeks left in corn’s export marketing year, shipments need to average 46.5 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export shipments pace was estimated at 57.9 MB. After 6 weeks, soybean shipments were at 10% of USDA’s expectations vs. 12% last year. With 46 weeks left in soybean’s export marketing year, shipments need to average 36.1 MB to make USDA’s projection of 1.850 BB.
