Last week’s wheat export shipments pace was estimated at 10.9 MB. After 26 weeks, wheat shipments were at 49% of USDA’s expectations vs. 43% last year. With 26 weeks left in wheat’s export marketing year, shipments need to average 16.2 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 36.8 MB. After 13 weeks, corn shipments were at 19% of USDA’s expectations vs. 15% last year. With 39 weeks left in corn’s export marketing year, shipments need to average 48.4 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export shipments pace was estimated at 76.7 MB. After 13 weeks, soybean shipments were at 44% of USDA’s expectations vs. 41% last year. With 39 weeks left in soybean’s export marketing year, shipments need to average 26.3 MB to make USDA’s projection of 1.825 BB.
