Last week’s wheat export shipments pace was estimated at 9.9 MB. After 20 weeks, wheat shipments were at 41% of USDA’s expectations vs. 36% last year. With 32 weeks left in wheat’s export marketing year, shipments need to average 15.1 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 39.4 MB. After 7 weeks, corn shipments were at 10% of USDA’s expectations vs. 8% last year. With 45 weeks left in corn’s export marketing year, shipments need to average 46.6 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export shipments pace was estimated at 89.4 MB. After 7 weeks, soybean shipments were at 16% of USDA’s expectations vs. 18% last year. With 45 weeks left in soybean’s export marketing year, shipments need to average 34.7 MB to make USDA’s projection of 1.850 BB.
