Last week’s wheat export shipments pace was estimated at 7.1 MB. After 22 weeks, wheat shipments were at 43% of USDA’s expectations vs. 38% last year. With 30 weeks left in wheat’s export marketing year, shipments need to average 15.6 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 30.7 MB. After 9 weeks, corn shipments were at 13% of USDA’s expectations vs. 10% last year. With 43 weeks left in corn’s export marketing year, shipments need to average 47.3 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export shipments pace was estimated at 79.3 MB. After 9 weeks, soybean shipments were at 25% of USDA’s expectations vs. 27% last year. With 43 weeks left in soybean’s export marketing year, shipments need to average 32.1 MB to make USDA’s projection of 1.850 BB.
