Last week’s wheat export shipments pace was estimated at 29.5 MB. After 13 weeks, wheat shipments were at 28% of USDA’s expectations vs. 26% last year. With 39 weeks left in wheat’s export marketing year, shipments need to average 16.2 MB to make USDA’s projection of 875 MB.
Last week’s corn export shipments pace was estimated at 55.4 MB. After 51 weeks, corn shipments were at 93% of USDA’s expectations vs. 91% last year. With 1 week left in corn’s export marketing year, shipments need to average 183.6 MB to make USDA’s projection of 2.820 BB.
Last week’s soybean export shipments pace was estimated at 17.4 MB. After 51 weeks, soybean shipments were at 98% of USDA’s expectations vs. 97% last year. With 1 week left in soybean’s export marketing year, shipments need to average 46.5 MB to make USDA’s projection of 1.875 BB.
