Last week’s wheat export shipments pace was estimated at 23.1 MB. After 29 weeks, wheat shipments were at 60% of USDA’s expectations vs. 53% last year. With 23 weeks left in wheat’s export marketing year, shipments need to average 15.6 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 68.7 MB. After 16 weeks, corn shipments were at 30% of USDA’s expectations vs. 20% last year. With 36 weeks left in corn’s export marketing year, shipments need to average 62.4 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 32.0 MB. After 16 weeks, soybean shipments were at 33% of USDA’s expectations vs. 53% last year. With 36 weeks left in soybeans’ export marketing year, shipments need to average 30.5 MB to make USDA’s projection of 1.635 BB.
