Last week’s wheat export shipments pace was estimated at 12.4 MB. After 30 weeks, wheat shipments were at 53% of USDA’s expectations vs. 50% last year. With 22 weeks left in wheat’s export marketing year, shipments need to average 18.1 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 34.6 MB. After 17 weeks, corn shipments were at 24% of USDA’s expectations vs. 21% last year. With 35 weeks left in corn’s export marketing year, shipments need to average 53.4 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export shipments pace was estimated at 57.7 MB. After 17 weeks, soybean shipments were at 58% of USDA’s expectations vs. 50% last year. With 35 weeks left in soybean’s export marketing year, shipments need to average 22.1 MB to make USDA’s projection of 1.825 BB.
