Last week’s wheat export shipments pace was estimated at 11.0 MB. After 28 weeks, wheat shipments were at 50% of USDA’s expectations vs. 46% last year. With 24 weeks left in wheat’s export marketing year, shipments need to average 17.8 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 44.5 MB. After 15 weeks, corn shipments were at 21% of USDA’s expectations vs. 17% last year. With 37 weeks left in corn’s export marketing year, shipments need to average 52.7 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export shipments pace was estimated at 61.6 MB. After 15 weeks, soybean shipments were at 51% of USDA’s expectations vs. 46% last year. With 37 weeks left in soybean’s export marketing year, shipments need to average 24.3 MB to make USDA’s projection of 1.825 BB.
