Last week’s wheat export shipments pace was estimated at 18.1 MB. After 41 weeks, wheat shipments were at 72% of USDA’s expectations vs. 73% last year. With 11 weeks left in wheat’s export marketing year, shipments need to average 21.2 MB to make USDA’s projection of 835 MB.
Last week’s corn export shipments pace was estimated at 65.3 MB. After 28 weeks, corn shipments were at 49% of USDA’s expectations vs. 40% last year. With 24 weeks left in corn’s export marketing year, shipments need to average 51.6 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 23.8 MB. After 28 weeks, soybean shipments were at 79% of USDA’s expectations vs. 78% last year. With 24 weeks left in soybean’s export marketing year, shipments need to average 16.2 MB to make USDA’s projection of 1.825 BB.
