Last week’s wheat export shipments pace was estimated at 12.3 MB. After 44 weeks, wheat shipments were at 78% of USDA’s expectations vs. 80% last year. With 8 weeks left in wheat’s export marketing year, shipments need to average 23.1 MB to make USDA’s projection of 835 MB.
Last week’s corn export shipments pace was estimated at 62.3 MB. After 31 weeks, corn shipments were at 57% of USDA’s expectations vs. 47% last year. With 21 weeks left in corn’s export marketing year, shipments need to average 50.0 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 29.6 MB. After 31 weeks, soybean shipments were at 84% of USDA’s expectations vs. 81% last year. With 21 weeks left in soybean’s export marketing year, shipments need to average 14.2 MB to make USDA’s projection of 1.825 BB.
