Last week’s wheat export shipments pace was estimated at 10.6 MB. After 32 weeks, wheat shipments were at 56% of USDA’s expectations vs. 54% last year. With 20 weeks left in wheat’s export marketing year, shipments need to average 18.6 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 56.7 MB. After 19 weeks, corn shipments were at 28% of USDA’s expectations vs. 24% last year. With 33 weeks left in corn’s export marketing year, shipments need to average 53.1 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 49.6 MB. After 19 weeks, soybean shipments were at 63% of USDA’s expectations vs. 55% last year. With 33 weeks left in soybean’s export marketing year, shipments need to average 20.4 MB to make USDA’s projection of 1.825 BB.
