Last week’s wheat export shipments pace was estimated at 22.2 MB. After 45 weeks, wheat shipments were at 82% of USDA’s expectations vs. 83% last year. With 7 weeks left in wheat’s export marketing year, shipments need to average 21.1 MB to make USDA’s projection of 820 MB.
Last week’s corn export shipments pace was estimated at 72.0 MB. After 32 weeks, corn shipments were at 58% of USDA’s expectations vs. 49% last year. With 20 weeks left in corn’s export marketing year, shipments need to average 53.7 MB to make USDA’s projection of 2.550 BB.
Last week’s soybean export shipments pace was estimated at 20.1 MB. After 32 weeks, soybean shipments were at 85% of USDA’s expectations vs. 82% last year. With 20 weeks left in soybean’s export marketing year, shipments need to average 13.9 MB to make USDA’s projection of 1.825 BB.
