Last week’s wheat export shipments pace was estimated at 13.8 MB. After 38 weeks, wheat shipments were at 66% of USDA’s expectations vs. 65% last year. With 14 weeks left in wheat’s export marketing year, shipments need to average 20.8 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 44.7 MB. After 25 weeks, corn shipments were at 42% of USDA’s expectations vs. 33% last year. With 27 weeks left in corn’s export marketing year, shipments need to average 53.0 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 31.6 MB. After 25 weeks, soybean shipments were at 74% of USDA’s expectations vs. 71% last year. With 27 weeks left in soybean’s export marketing year, shipments need to average 17.4 MB to make USDA’s projection of 1.825 BB.
