Last week’s wheat export shipments pace was estimated at 14.9 MB. After 49 weeks, wheat shipments were at 91% of USDA’s expectations vs. 92% last year. With 3 weeks left in wheat’s export marketing year, shipments need to average 25.0 MB to make USDA’s projection of 820 MB.
Last week’s corn export shipments pace was estimated at 48.2 MB. After 36 weeks, corn shipments were at 68% of USDA’s expectations vs. 58% last year. With 16 weeks left in corn’s export marketing year, shipments need to average 51.7 MB to make USDA’s projection of 2.550 BB.
Last week’s soybean export shipments pace was estimated at 15.7 MB. After 36 weeks, soybean shipments were at 88% of USDA’s expectations vs. 86% last year. With 16 weeks left in soybean’s export marketing year, shipments need to average 13.3 MB to make USDA’s projection of 1.825 BB.
